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How much interest will have been accrued on 10000 at a simple rate of 3.25 percent over 3 years?
Wiki User
∙ 12y ago
Well lets calculate that 3.25% for a month is $325.00 so if you times that by 12 months it would be $3,900 for a year, in 3 years it would be $11,700 in interest plus the capital of 10,000. So at the end of those 3 yrs. you'll need to pay back the full amount of $22,700.
I just did the math for myself on a pre-settlement I'm trying to get for that same amount and interest rate. Good luck!
Wiki User
∙ 12y ago
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Pierce currently has 10000 What was the value of his money five years ago if he has earned 5 percent interest each year?
simple interest .. A = P(1+r)t 10000 = P(1.05)5 P = 10000 / (1.05)5 P = 7835.26
What is future value of 10000 with 5 percent interest for 15 years?
To calculate the interest gained on something, a simple formula is used. Initial value x (percentage increase as a decimal)^years So: 10000 x 1.05^15 = 20789.28 (2d.p).
What is monthly interest payment on a 10000 loan for 5 years at 12 percent interest?
The monthly interest is 100.
What is monthly interest on 10000 at 5 percent over 3 years?
An average of 321.56
Invest 10000 at 5 percent annual interest how much would you have in 3 years?
You will have $11576.25
How much less interest is earned at 6 percent simple interest for 5 years on a 10000 investment than a 6 percent rate compounded daily for 5 years?
3000
Pierce currently has 10000 What was the value of his money five years ago if he has earned 5 percent interest each year?
simple interest .. A = P(1+r)t 10000 = P(1.05)5 P = 10000 / (1.05)5 P = 7835.26
How long will it take 100000 to earn 17000 interest at 10 percent simple interest rate?
Interest = Principal x rate x time 17000= 100000(0.10) t 17000=10000 t t=17000/10000 t=1.7 years
What is the journal entry if i received 10000 as a interest income and 10 percent percent advance income tax paid?
debit cash 9000debit tax 1000credit interest income 10000
What is future value of 10000 with 5 percent interest for 15 years?
To calculate the interest gained on something, a simple formula is used. Initial value x (percentage increase as a decimal)^years So: 10000 x 1.05^15 = 20789.28 (2d.p).
What is the interest on a 10000 for 2 year at 11 percent note?
Total = 10000(1+i)n Total = 10000(1.2321)2 Total = 12321 Change = interest gained = 12321 - 10000 = 2321
What is monthly interest payment on a 10000 loan for 5 years at 9.5 percent interest?
79.17
What is monthly interest payment on a 10000 loan for 5 years at 12 percent interest?
The monthly interest is 100.
If you deposit 10000 on 3 percent interest what would it be weekly?
$5.77
What is 3 percent interest of 10000 over 1 year?
It is 300.
What is the total return of 6 percent interest per year on 10000?
600.00$
What is monthly interest on 10000 at 5 percent over 3 years?
An average of 321.56
