x = amount of money invested at 5%
y = amount of money invested at 4%
x=2y
.05x+.04y=350
.05(2y)+.04y=350
.1y+.04y=350
.14y=350
y=$2500
x=$5000
17% of 20,000 = 3,4007.5% of 1,200 = 903,400 + 90 = $3,490
It means that the person's debt is equivalent to 99 percent of their [annual] income.
O.K. First of all, you need to know that I = P X R X T...Interest equals principal times rate times time. I = 20000 X .07 X 1 ++++++++++++++++ I =12000 X .075 X 1 (That's 7% above and 1 is for 1 year, see?) I = $1,400 I = $900 Now, add the two numbers above, 1400 + 900 = $2,300. That's it, easy huh?
i am not good in maths, but generally we can calculate annual income by multiplying our monthly income by 12.. as if know how much is our monthly income.. similarly by multiplying, we can find annual income on behalf of weekly income, or daily income or even on hourly income...
The opportunity cost would be the potential missed income from placing the money in an interest bearing account. $500 times .03 = $15.
17% of 20,000 = 3,4007.5% of 1,200 = 903,400 + 90 = $3,490
Income is money coming in; it could be wages or capital gains, or interest on money invested. Interest is a percentage of money owed added to your bill when borrowing money, or the amount that you earn on money invested.
operating income vefore interest and income taxes / annual interest expense
what percent of your annual income is safe to spend on health related insurance?
DC: 15000Bonds: 65000 Stocks: 75000.
The accounts showed that the company's annual income had dropped by ten percent.
Devon has a lil dick
debit cash 9000debit tax 1000credit interest income 10000
[Debit] Cash 1450 [Credit] dividend income 1450
120,000
250,000
If you need a monthly income then obviously a monthly income is better. If the monthly interest is not withdrawn then it makes no difference because the annual interest rate is usually equal to the compounded monthly rate.