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What is the semiannual interest rate on an 8 instrument paid annually for 6 months?
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How do I Calculate interest for a late payment on a simple interest loan?
You would multiply the rate of interest by the amount owed by the amount of time the payment is late. For example if you have a payment due of 100 dollars and it is 6 months over due at an interest rate of 5% annually you would first calcuate what is the monthly interest rate by doing .05/12 which would be .00417. Then you would multiply the amount owed (100) by the monthly interest (.00417) by the number of months (6). 100x.00417x6= 2.502 Therefore you would now owe $2.50 of interest plus the original amount due 100= $102.50.
How much interest a Month on savings?
I am opening an account which is 2.3% interest. If I have 10,000$ which the interest is calculated daily, will I recieve the 230$ interest per month, or 230/12 months
What is the average interest rate?
As of July 2014, the national average interest rate is 5.159. However, this will change as months go by. The interest rate changes often.
What is a lalarium?
a bank account requiring no additional interest after 12 months
How long will it take to payoff 12000 in credit card debt paying 400.00 per month?
at 16% interest 3 years three months at 28% interest 4 years 4 months
A sentence with the word semiannual?
we have a semiannual banquet for our club that happens every 6 months
What is another word for six months?
Six months is also "half a year" and therefore has the adjective form "semiannual."
How much would 15000 dollars invested at 8 percent interest compounded annually be worth after 6 months?
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 .
What is the basic definition of semiannual?
The very simple definition of semiannual refers to something that occurs only twice a year or every six months. Semi refers to two or twice and annual refers to a year.
Does semiannual mean exactly 6 months apart?
I want to say it does not. They can be a few weeks different as long as the Doctor orders it.
At what nominal compound interest rate compounded semi-annually will a sum of money be doubled in 21 months?
if there are two payments a year, at the beginning of the year and at 6 months, plus one payment at the end of 21 months then at an annualised compound rate of 21.9% your money will double in 21 months.
How do I Calculate interest for a late payment on a simple interest loan?
You would multiply the rate of interest by the amount owed by the amount of time the payment is late. For example if you have a payment due of 100 dollars and it is 6 months over due at an interest rate of 5% annually you would first calcuate what is the monthly interest rate by doing .05/12 which would be .00417. Then you would multiply the amount owed (100) by the monthly interest (.00417) by the number of months (6). 100x.00417x6= 2.502 Therefore you would now owe $2.50 of interest plus the original amount due 100= $102.50.
Is there a way to get pirates online unlimited access forever?
No, you have to pay monthly, Semi annually (every 6 months), or Annually. (yearly) i suggest annually because you do save some money rather than buying monthly or semi annually.
Define the terms annually and semiannuall and quarterly?
Once every 12 months, once every 6 months, once every 3 months
You want to borrow 125 from your dad if he loans you money for 2 months at 6 interest per month how much do you owe him?
Simple interest 140.00, compound interest (where interest is added to the previous months interest) 140.45
How much a month will you get if you make 49000 annually?
$4083.33/month $49,000.00/12 months
Why do guys disappear for months at a time and then reappear?
They were interested, then lost interest. Months later the interest is renewed, and then they lose interest again, probably for the same reasons as the last time.
