if .65 is annual rate.. and you are calculating annual interest.. then
75000*.65/100 = 487.5 annual intrest
just make sure the interest rate and period should be same.
for example you need to calculate monthly intrest from above equation then u have to divide your answer by 12
487.5/12 = 40.625 monthly intrest
5 million
The interest on 700.00 since 2002 would really depend on what the percentage of the bank is. If interest was 10 percent you would have $2196.90.
At six percent, you would make about $6000.
1900
She will pay $1,924.02 in interest.
75000
1 percent of 2,000 is 20 .
2010.00
300.00
You would earn 1750.
0.05% of 20000 = 10
21.28
21.28
3 percent interest on 150000 is 4500.
128.75
If it is not compounded the interest would be 2000x10x.05=1000 If it is compounded then it is different.
The interest on 700.00 since 2002 would really depend on what the percentage of the bank is. If interest was 10 percent you would have $2196.90.