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A good Cd interst rate would be above 1,5,currently Discover Bank New Castle, offer a Cd interest of 1.69
An inexpensive loan is one with a 0.12 percent interest rate. A medium price loan would be about a 6.5 percent interest rate. Lastly, an expensive loan would be one with an interest rate of 15 percent or more.
310,685
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.
5 million
30% of 30000= 30% * 30000= 0.30 * 30000= 9000
A good Cd interst rate would be above 1,5,currently Discover Bank New Castle, offer a Cd interest of 1.69
Depends on how you invested it and what rate of return that investment delivered.
Simple interest would be 360
Simple interest would be 1040
You would first find the percent (if it was 5% interest (for example) on a calculator you would do the amount then multiply by 5, then click the percent, by hand: you would multiply the amount you paid for then multiply by 0.05 then you would get the interest; simple math :D
interest on that amount depends on what account you put it into like a fixed term account or similar, i say you would get anywhere from 25000 to 30000 euro per annum
1 percent of 2,000 is 20 .
AnswerCompound interest works like this.Take a principle (The amount of money you deposit) of $10,000.Lets say that the interest rate is 8% and that it compounds anually.At the end of one year you would have $10,800.With simple interest, at the end of two years, you would have $11,600 because you only earn interst on the principle.After three years you would have $12,400.However, with compound interest, you will earn interest on not just the principle, but the compounded interest as well.Therefore, with compound interest, at the end of two years, you would have 11,664.After three years it would be $12,597.12 and so on.
2010.00
You would earn 1750.
10 percent.