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If the interest is simple exact interest, the answer is 17.7/365 = 0.0485 daily percent interest, to the justified number of significant digits.
1359.45
1.5% means 1.5/100 = 0.015 0.015 * $285.76 = $4.29 in simple interest ==================
1,773.60
842.40
Eleven..? months? years?. Simple or compound interest?
Each year you would receive 0.12 x 55,000 = 6,600 pounds simple interest. With no compounding 39,600 / 6,600 = 6 years
Simple interest would be 360
Simple interest would be 1040
Simple interest: 144Compound interest: 152.64
$494.34 Interest= principal amount * time* simple interest %
Simple interest = 1000 * 5/100 * 3 = 150
Simple Interest
You already gave the simple interest - 9 percent. Rethink and ask your question again.
Total simple interest = 2500*11/100*3 = 825
150,000 per year (simple interest, no compounding)
19035 by simple interest