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Jean paid 18489 for a new car. what is the total cost of the car if she financed it at an interest rate of 3.5 for 4 years.?
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If have 1000 dollars in the bank with a 5.4 annual interest rate how much is left after 7 years?
To find this figure you will have to multiply the interest rate to the initial $1000, and get the total. For each subsequent year, you will need to add the interest accrued from the year before and then multiply that total by the interest rate again. After 7 years, there would be $1445.06 in the account.
A loan at 6 percent interest over 5 years What is the total output?
If the interest is simple interest, then the value at the end of 5 years is 1.3 times the initial investment. If the interest is compounded annually, then the value at the end of 5 years is 1.3382 times the initial investment. If the interest is compounded monthly, then the value at the end of 5 years is 1.3489 times the initial investment.
You deposit 200 per year in a bank account that offers an annual interest rate of 6. After five years your total earnings in interest are?
$48.76 ;)
In You deposit 200 per year in a bank account that offers an annual interest rate of 6. After five years your total earnings in interest are?
697.53 for A+
What if your savings account pays 5 simple interest. You opened your savings account with 200 and did not add any additional deposits. After 2 years your account balance is approximately?
For simple interest you get $10 a year total in the account for 2 years $220.The answer is arrived at by multiplying $200x1.05x1.05 (for compound interest).$200x1.05x1.05= $220.50
Jean paid 18489 for a new car. Calculate the total cost of the car if she financed it at an interest rate of 3.5 for 4 years.?
21077.46
Jean paid 18489 for a new car Calculate the total cost of the car if she financed it at an interest rate of 3.5 percent for 4 years?
21077.46
Calculate the total amount paid for a new car if the car costs 12489 and is financed at 3.5 percent interest for 5 years?
14674.58
What is the total amount of money owed if 1250 was borrowed for four years at 3.5 interest?
Assuming Compound Interest I(n) = I(o)[1 + r/100]&(n) Where I(o) = 1250 r = 3.5% n = 4 years Substitutie I(4) = 1250[1 + 3.5/100]^(4) Hence I(4) = 1250 [ 1.035]^(4) I(4) = 1250[1.147523] I(4) = 1434.40 is the total amount owed. NB Compound interest is the usual business practice of calculating interest. NNB Payment would possibly be done on an monthly basis ; 1434.40 / 48 = 29.88 is paid each month .
What is the interest on R528 at 7 percent simple interest over 2 years?
7% simple annual interest over 2 years = 14% total interest.14% of R528 = R73.92 .
You deposit $200 per year in a bank account that offers an annual interest rate of 6. After 5 years your total earnings in interest are?
The total interest is 67.65 dollars.
What would be the monthly payments on a car finance of 32000 be over 4 years?
The amount for monthly payments on a car financed for $32,000 for 4 years will depend on the rate of interest that is charged. Banks might charge more interest to a person that has good but not excellent credit history.
Juan deposited 200 in a savings account earning 3 percent interest over 2 years What was the total amount of interest earned after 2 years?
Interest for 1st year = $6 Principal after 1 year = $206 Interest for 2nd year = $6.18 Principal after 2 year = $212.18 Total Interest earned after 2 years = $12.18
How do you calculate interest on 250.00 at 4 percent for 3 years?
Total = 250(1+i)3 Total = 250(1.124864) Total = 281.216 Interest = 281.216-250 = 31.216
What is the simple interest on a 2500.00 loan at 11 percent interest for 3 years?
Total simple interest = 2500*11/100*3 = 825
How much interest is earned for 2 years 20.000 6 percent?
Total = 20(1+i)n Total = 20(1.1236) Total = 22.472 Interest accumulated = 22.472 - 20 = 2.472
After 6 years what is the total amount of a compound interest investment of 35000 at 4 percent interest compounded quarterly?
$44,440.71
