889.00
Assuming you mean as a percentage of 1, 0.04 is equal to 4 percent.
Five hundredths of one percent !
10 percent.
To calculate 3% interest on $150,000, you first convert the percentage to a decimal by dividing by 100, which gives you 0.03. Then, you multiply the decimal interest rate by the principal amount ($150,000) to find the interest. Therefore, 3% interest on $150,000 would be $4,500.
First find out what the interest rate is from the money lender or deposit taker.
Assuming that the interest rate is 9.75% per year, the answer will depend on how often the interest is compounded.
Assuming 6.5% refers to the annual interest rate, the monthly interest is 111.04 approx.
Assuming interest is paid annually, 100000*(1.05)10 = 162889.46
Assuming that the given interest is annual, it will take just under 8.16 years.
Assuming simple interest, you multiply the capital times the interest rate times the number of years.
Assuming the interest is NOT compound - 3 years !
This would be a gain of 3300 assuming it is savings and 3% is APR. The second year would be higher, assuming compound as opposed to simple interest
What is the rate percent. Without knowing that , it is impossible to calculate. Assuming the rate percent is 2% Then 75,000,000 at 2% - 1,500,000 That is One and half million.
Assuming interest is compounded annually, 1000*(1.08)5
We still need to know how often the interest is compounded ... Weekly ? Daily ? Hourly ? What does "continuous" mean ?
Assuming interest is added at the end of the year, the future value is 13,710.59
The average rate of interest on a motorcycle loan is around twelve percent, assuming you have an alright credit score and driving history. Things can change drastically if not.