Math and Arithmetic

What investment is necessary for a yield of 500 dollars per month at 6 percent interest?

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Anonymous
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2020-08-14 23:30:20
2020-08-14 23:30:20

6% of $100,000 yields $6,000/yr, or $500/mnth

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Anonymous
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2020-08-14 19:07:28
2020-08-14 19:07:28

1million dollars

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Related Questions


The saver lost interest in the investment once the interest rate fell to 0.5 percent.

The annual interest is 150 Add this to your originial investment and you have 1,150

The answer is 1200.00 dollars in interest on that loan of 20000.00 for 50 days at 6 percent interest.

12% of 3000 dollars = 3000*12/100 dollars = 360 dollars.

A fixed percent of the principal of a loan or investment is called a fixed interest. It is paid monthly or annually or whatever based on the agreement made.

If the interest is compounded annually, then the first interest payment isn't added until the end of the first year. Until then, the investment is worth exactly $15,000.00 .

The average interest rate for investment property loans is between 5 and 8 percent. The interest rate depends on the time it takes until everything is payed back.

It is necessary to have a value for the time.

Simple interest is the interest you earn on your principal, IE the amount of your original investment. For example, you put 1000 dollars in a saving account paying 3% per annum. At the end of the year you will have earned 30 dollars on that one thousand dollars. If you leave the principal and interest in the account for another year you will earn another 30.00 on your original 1000 dollars plus .90 interest. on the first 30.00 dollars interest. This gives you a total of 1060.90 in your second year. In each succeeding year you will earn interest on your interest plus interest on your original principal which, if left alone will add up to a substantial some given the power of compound interest. One caveat, compound interest is a double edged sword. If you have a loan and fail to make your monthly payments on time, compound interest will gut you financially.

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.

In two years, the value of 10,000 dollars with 3.78 interest would be 10,770.29 dollars. An increase 770.29 dollars would be realized.

The amount of interest that will be paid over 4 years on 1 million dollars is $145,419.75. This figure is configured with an interest rate of 7 percent. The amount can change based on amortization of the loan.

9% of 150000 dollars = 150000*9/100 = 13500 dollars 13500 dollars per year = 13500/12 = 1125 dollars per month.

If 1500 dollars is invested at an interest rate of 3.5 percent per year compounded continuously, after 3 years it's worth $1666.07, after 6 years it's $1850.52, and after 18 years it's worth $2816.42.

The answer depends on the rate of interest.

Interest on $20 millions depends on the percentage. If the interest rate is 5 percent, the return for the year $1 million.

We still need to know how often the interest is compounded ... Weekly ? Daily ? Hourly ? What does "continuous" mean ?


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