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What will be the monthly amount to be paid if i take a loan of KD 1 million at 3.5 interest rate for 5 years?
Wiki User
∙ 7y ago
That depends - on whether the interest is compound - or just on the original loan.
Wiki User
∙ 7y ago
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What is monthly interest payment on a 10000 loan for 5 years at 9.5 percent interest?
79.17
What is monthly interest payment on a 10000 loan for 5 years at 14 interest?
$10,000 X 14% (interest) : $1,400 p.a. X 5 yrs: $7,000 over the 5yr (60 months) period. The monthly interest payment will be $116.67
How much interest is paid on a 52000 if the monthly payments are 450.23 for 30 years?
110,082.80
If i have recently found a property that i wish to own on lease plus a monthly rent and i wish to know whether you will have to pay this upfront or whether you can pay it in monthly installments?
You cannot have a property on lease and also on monthly rent. If it is a lease it is an agreement between the landlord and the tenant who pays a lumpsum amount as a deposit to the landlord for a fixed term of years and after the term is over the landlord returns the lumpsum amount deposited with him to the tenant without any interest and the tenant vacates the property. Here the landlord uses the deposit amount for his use and after term expires returns the amount without interest. If an amount is paid as advance the (normally less than the lease amount) amount is also returned to the tenant after the period, but in addition to the lumpsum amount a monthly rent is also being paid, which is non-returnable.
Borrow 25000 and make monthly payments of 497.98 for five years what is the interest rate?
3.5
What is 7 percent interest over 4 years for 1 million dollars?
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.
What is a business loan calculator?
A Business-Loan Calculator calculates terms for fixed-rate loans Which you can find by searching and you need This information to use the loan calculator: Loan amount Interest rate Term years Additional monthly payment Monthly payment Total interest Average monthly Interest Number of years
What is monthly interest payment on a 10000 loan for 5 years at 12 percent interest?
The monthly interest is 100.
What would be the monthly payments on a car finance of 32000 be over 4 years?
The amount for monthly payments on a car financed for $32,000 for 4 years will depend on the rate of interest that is charged. Banks might charge more interest to a person that has good but not excellent credit history.
how personal loan interest is calculated?
Here's a simplified explanation of how it works: Principal Amount: The principal amount is the initial sum you borrow from the lender. This is the base amount upon which interest is calculated. Interest Rate: The lender specifies an annual interest rate as a percentage. For example, if you have a $10,000 personal loan with an annual interest rate of 5%, the interest rate is 0.05. Time Period: The time period refers to the duration for which you borrow the money, usually expressed in years but sometimes in months. For example, if you have a 3-year loan, the time period is 3. Interest Calculation: To calculate the interest for each period (usually monthly), you multiply the principal amount by the annual interest rate divided by the number of periods in a year. For example: Monthly Interest = (Principal Amount × Annual Interest Rate) / 12 Total Interest Paid: To find the total interest paid over the life of the loan, multiply the monthly interest by the total number of periods (months) in the loan term. For a 3-year loan, this would be 36 months. Total Interest = Monthly Interest × Total Number of Periods Total Repayment Amount: To determine the total amount you'll repay, add the principal amount to the total interest. Total Repayment Amount = Principal Amount + Total Interest
Calculate the amount of interest on 2 000.00 for 4 years compounding daily at 2.25 percent APR From the Monthly Interest Table use 1.094171 in interest for each 1.00 invested?
The question cannot be answered. 1.094171 monthly is not equivalent to 2.25 APR. So the question contains inconsistent information.
What is monthly interest payment on a 10000 loan for 5 years at 9.5 percent interest?
79.17
What is monthly interest payment on a 12000 loan for 5 years at 9.5 percent interest?
95
In how many years your amount will be double if rate of interest is 10 percent annually in compound interest?
Approximately 7 years. The general rule is to divide 70 by the interest rate to get an approximation of how long it will take to double. If the interest is compounded annual you will have $194.88 after 7 years, and $214.37 after 8 years. Though if interest is compounded more regularly (ie. monthly or daily) this will grow at a slightly faster rate.
How much interest would 1000.000 make in a year?
Dont give up the day job.....how much do you earn on a million pounds?First, let's assume an interest rate of 4%, compounded monthly.Your million pounds will have earned:1 day: £1101 month: £3,3331 year: £40,7425 years: £220,99710 years: £490,83320 years: £1,222,58230 years: £2,313,498What about a higher interest rate of 6%, compounded monthly?1 year: £61,6785 years: £348,85010 years: £819,39720 years: £2,310,20430 years: £5,022,575
How much money should be deposited at 4.5 percent interest compounded monthly for 3 years?
"How much money should be deposited at 4.5 percent interest compounded monthly for 3 years?"Incomplete question.... to do what?
What is monthly interest payment on a 10000 loan for 5 years at 14 interest?
$10,000 X 14% (interest) : $1,400 p.a. X 5 yrs: $7,000 over the 5yr (60 months) period. The monthly interest payment will be $116.67
