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What is the interest rate on a 5000 loan?
an individual borrowed 5,000 forf 80 days and paid 100 in interest what was the rate of the loan use ordinary interest
Calculate the interest on a five-year loan of 13950 at a 5.8 rate of interest.?
To calculate the interest on a five-year loan of $13,950 at an interest rate of 5.8%, you can use the formula for simple interest: Interest = Principal × Rate × Time. Here, the principal is $13,950, the rate is 0.058, and the time is 5 years. Thus, the interest is $13,950 × 0.058 × 5 = $4,045.50.
What is the meaning of reverse repo rate?
repo rate - is the interest rate that reserve bank use to charge commercial banks repo rate - is the interest rate that reserve bank uses to charge commercial banks
How can I calculate the monthly interest rate from an annual interest rate?
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.
How to convert a monthly interest rate to an annual interest rate?
To convert a monthly interest rate to an annual interest rate, you can multiply the monthly rate by 12. This will give you the annual interest rate.
How do you use earn in a sentence?
I used to be earning a much higher interest rate in my savings account
What is a sentence with 'interest' in it?
The saver lost interest in the investment once the interest rate fell to 0.5 percent.
Make a sentence with the word accrue?
The interest on a bearer bond accrues at the initial rate of interest.
How do you use usury in a sentence?
Money lenders found guilty of usury have wrongfully engaged in the practice of charging a high or unlawful rate of interest on a loan.
How do you use interest in a sentence?
You didn't say which definition of the word you wanted to use, so this may not be correct.Her interest in music was obvious.The interest on the loan was too high.
What is the interest rate on a 5000 loan?
an individual borrowed 5,000 forf 80 days and paid 100 in interest what was the rate of the loan use ordinary interest
Where can I get an interest rate calculator?
There is an interest rate calculator available for use at the web site for Ally Bank. Another web site that has an interest calculator is bankrate.com.
Use usury in a sentence?
This means charging an excessive rate of interest on a loan. Here are some sentences.I think I might be a victim of usury.He was charged with usury.Usury is a crime.
How do you use rate in a sentence?
The rate of advance is directly related to the speed.
How can you use compound interest in a sentence?
This new type of bank account has compound interest.
Calculate the interest on a five-year loan of 13950 at a 5.8 rate of interest.?
To calculate the interest on a five-year loan of $13,950 at an interest rate of 5.8%, you can use the formula for simple interest: Interest = Principal × Rate × Time. Here, the principal is $13,950, the rate is 0.058, and the time is 5 years. Thus, the interest is $13,950 × 0.058 × 5 = $4,045.50.
What is the meaning of reverse repo rate?
repo rate - is the interest rate that reserve bank use to charge commercial banks repo rate - is the interest rate that reserve bank uses to charge commercial banks
