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If and lsquoP and rsquo be the initial investment and lsquoI and rsquo be the interest rate and and lsquoT and rsquo be the time period for which funds are invested then interest earned will be?
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How much interest is earned on the account?
A $5000 investment at an annual simple interest rate of 4.4% earned as much interest after one year as another investment in an account that earned 5.5% annual simple interest. How much was invested at 5.5%?
What is the money earned from investments called?
The money earned from investment is called as return on investment. if you invest in shares then it will be treated as dividend, if it in debentures then it will be known as interest. so different investment reuturns will have different names.
Find the simple interest earned after 5 years on an investment of 2000 at 3.2 percent?
320
Who. Find the amount at the end and the interest made on an investment of 6 400 compounded at 8.5 per annum for 5 years?
The at 8.5%, the investment increases, every year, by a factor of 1 + 8.5/100, that is, by a factor of 1.085. The total amount of money you get at the end of five years, then, is 6400 x 1.085^5 (the "^" means "power"). If you subtract the initial capital from that, what remains is the interest earned.
What is the formula for times interest earned ratio?
Times Interest Earned = Operating Income/ Interest Expense.
How much interest is earned on the account?
A $5000 investment at an annual simple interest rate of 4.4% earned as much interest after one year as another investment in an account that earned 5.5% annual simple interest. How much was invested at 5.5%?
Is the interest earn t in a bank account classed as an investment?
Interest earned in a bank account is not an investment. It is considered an income. The money that you have in the bank account that earned the interest for you is considered the investment
If 7558.20 in interest was earned after 12350 was invested at a simple interest rate of 7.65. How long (in years) was the money invested?
It was eight years.
What is the journal entry for investment revenue of 6000 was earned and received?
debit cashcredit interest on investment
If 3 000 is invested at 7 for 6months how much simple interest is earned?
$210.00
Return on investment (ROI)?
Every marketing campaign requires an initial investment of time and/or money. Return on investment is a metric that measures whether a campaign earned enough money to be worth the initial cost.
Invested 1550 at 6.5 percent interest earned 302.25 interest after t years What is the value of t?
T = 3yrs
If you invested 15000 In two accounts paying 6% and 8% annual interest. If the total interest for the year was $1120 how much interest was earned at each rate?
You invested $15,000 in two accounts paying 6% and 8% annual interest, respectively.
How much interest will be earned on an investment of 8000 at 10 percent simple interest for 3 years?
$2400
What is the effect of compound interest?
The effect of compound interest is that interest is earned on the accrued interest, as well as the principal amount.
Why do you need to report interest paid or earned on life insurance?
Whole life insurance also has an investment component, so money made on the investment is taxed. If you have term insurance, then there is no interest earned, since it is strictly insurance.
When invested at an annual interest rate of 8 percent an account earned 336 of simple interest in one year How much money was originally invested in the account?
Let P be the amount of invested money. Then, .08P = 336 P = 336/.08 = 4,200
