Use this simple formula:
I=Average daily balance times the interest rate, divided by 366 times 30 days in November.
To calculate the monthly interest rate from an annual interest rate, divide the annual rate by 12. This will give you the monthly interest rate.
To calculate accrued interest on a loan, you multiply the loan amount by the interest rate and the time period the interest has been accruing for. This gives you the amount of interest that has accumulated on the loan.
To calculate interest on treasury bills, you multiply the face value of the bill by the interest rate and the number of days the bill is held, then divide by 365.
To calculate the daily interest rate for a financial investment, divide the annual interest rate by 365 (the number of days in a year). This will give you the daily interest rate.
To calculate the monthly interest rate on a loan or investment, divide the annual interest rate by 12. This will give you the monthly interest rate that is applied to the loan or investment.
Assuming interest is compounded annually, 1000*(1.08)5
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.
To calculate CD interest rate, all you have to do is to just multiply the principal amount you have invested in CD with interest rate. If u want to calculate for the monthly interest then divide the resultant with 12.
The formula used to calculate your interest is the principle balance, multiplied by the monthly interest rate. Then you mulitply that by the number of months in which you last paid interest.
1.To calculate the fair market fair rent 2. To Calculate Y.P. for life interest 3. To Capitalize the rent using Y.P. for life interest.
To calculate the monthly interest rate from an annual interest rate, divide the annual rate by 12. This will give you the monthly interest rate.
To calculate accrued interest on a loan, you multiply the loan amount by the interest rate and the time period the interest has been accruing for. This gives you the amount of interest that has accumulated on the loan.
I bond interest rates change about every six months and then a new interest rate is made each May or November. This means that a January bond adjusts each January to precede Novembers rates and each July precedes to May's rates. SO basically if you buy $5000 of I bonds before May, for the first six months you will be getting a 0.74% rate because of the date of the bond is before May first.
it is the principal amount... i.e., the amount for which u have to calculate the interest Enjoy!! Kush
Pmt/principal
Assuming 6.5% refers to the annual interest rate, the monthly interest is 111.04 approx.
To calculate an interest (as money), multiply the capital, times the interest rate (divided by 100, if it is expressed in percent), times the number of periods. The above assumes simple interest; compound interest is a bit more complicated.