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What is the monthly interest payment on 10 thousand dollars borrowed against a credit card with 19.9 percent APR?
Wiki User
∙ 17y ago
Your monthly payment, assuming you have quoted the interest rate correctly, should be $165.83 if you pay this off in one year (12 monthly payments)
Wiki User
∙ 17y ago
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What is the monthly interest payment on 30 thousand dollars borrowed against a credit card with 30.0 percent apr?
$750 / month in interest rates.
What is the monthly interest payment on 5 thousand dollars borrowed against a credit card with 12.9 percent APR?
Multiply the principle by 1/12 of the interest to calculate how much interest you pay for that moth. Ex: 1/12 of 12.9% = 1.075% (same as .01075). 5000 X .01075 = 53.75 interest to pay for that month. Hence, the first 53.75 of your first payment is for interest alone.
What is as a interest rate?
People and businesses can ask for loans (borrowed money generally from a bank, but can be from an organization, person, etc.).The one who asked for a loan must return the exact money PLUS an extra fee (which is decided by the bank, organization, person, etc.) This extra fee generally is a percentage of the amount of money you borrowed, and it is called an interest rate.eg. I borrowed 100 dollars from the bank. The bank told me the interest rate was 10%. In that case, when I return the money I will have to pay 110 dollars. Those 10 extra dollars (which is 10% of 100) come from the interest rate.
How much is a ten thousand dollar bill worth?
a thousand dollars i worth 10 thousand dollars
You borrowed three thousand dollars on a car title loan you want to pay the loan off early do you have to pay all those interest charges?
You should not have to pay all the interest charges, only those covering the time when your loan was outstanding. However, depending on state law, the loan may have a pre-payment clause that requires payment of an additional fee if the load is paid off early. That would be a small amount compared to the rest of the interest. You will need to read your contract.
What is the monthly interest payment on 30 thousand dollars borrowed against a credit card with 30.0 percent apr?
$750 / month in interest rates.
What is the monthly interest payment on 5 thousand dollars borrowed against a credit card with 12.9 percent APR?
Multiply the principle by 1/12 of the interest to calculate how much interest you pay for that moth. Ex: 1/12 of 12.9% = 1.075% (same as .01075). 5000 X .01075 = 53.75 interest to pay for that month. Hence, the first 53.75 of your first payment is for interest alone.
How much interest will you earn on eight hundred thousand dollars?
that depends on the interest perscent
How much is Fifty million dollars at daily interest rate?
5 thousand dollars
Six hundred dollars is borrowed at an interest rate of 1.4 percent per month Find the interest for a 30-month period?
252
How much will you pay in interest on five thousand dollars?
It depends on the interest rate agreed with the lender.
What is 3 percent interest on 11 thousand dollars?
11000*3/100 = 330 dollars.
Eight hundred dollars is borrowed at an interest rate of 1.5 percent per month Find the interest paid over a period of 5 months?
$60.00
What is as a interest rate?
People and businesses can ask for loans (borrowed money generally from a bank, but can be from an organization, person, etc.).The one who asked for a loan must return the exact money PLUS an extra fee (which is decided by the bank, organization, person, etc.) This extra fee generally is a percentage of the amount of money you borrowed, and it is called an interest rate.eg. I borrowed 100 dollars from the bank. The bank told me the interest rate was 10%. In that case, when I return the money I will have to pay 110 dollars. Those 10 extra dollars (which is 10% of 100) come from the interest rate.
What is the percent to invest 1 million dollars to gain seventy thousand dollars in interest per year?
Seven percent.
How much interest is gained on two hundred thousand dollars?
There is not enough information in the question ! It depends entirely on what the interest rate is - and the length of time the interest is applied !
What is the interest for a 30-month period on six hundred dollars borrowed at the interest rate of 1.4 percent per month?
28.6
