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How much money will a 5000 CD earn at an interest rate of 3 percent in eleven months?
5000 x 1.03 ^ (11/12) = your total interested earned
You opened a savings account with the deposited 5000 in a six percent interest rate compounded daily what is the amount in the account after 180 days?
If you opened a savings account and deposited 5000 in a six percent interest rate compounded daily, then the amount in the account after 180 days will be 5148.
Troy and his wife Angela put 5000.00 of their savings into a bank account earning 7.25 percent interest How much will Trey and Angela have in all after 3 years?
Amount Deposited = 5000 Rate of Interest = 7.25 Years = 3 Interest earned = 5000 * 7.25 * 3 / 100 = 1087.50 They will have 6087.50 at the end of 3 years (Under the assumption that no compounding was involved)
How much interest is earned on the account?
A $5000 investment at an annual simple interest rate of 4.4% earned as much interest after one year as another investment in an account that earned 5.5% annual simple interest. How much was invested at 5.5%?
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
How much money will a 5000 CD earn at an interest rate of 3 percent in eleven months?
5000 x 1.03 ^ (11/12) = your total interested earned
What interest rate will cause 5000 to grow to 5618.00 in two years?
six percent
How much percent is 330 out of 5000?
% rate:= 330/5000 * 100%= 0.066 * 100%= 6.6%
What is the total compound interest of a loan for 5000 with an annual interest rate of 8 percent at the end of two year period?
$432
What is the total compound interest of a loan for 5000 with an annual interest rate of 8 percent at the end of a two year period?
$432
You opened a savings account with the deposited 5000 in a six percent interest rate compounded daily what is the amount in the account after 180 days?
If you opened a savings account and deposited 5000 in a six percent interest rate compounded daily, then the amount in the account after 180 days will be 5148.
What is the best interest rate offered by First Direct?
The best interest rate offered by First Direct is for Cash ISA. Cash ISA pays interest rate of 0.5 percent for balances from 1 to 5000 pounds and 3 percent for balances larger than 40000 pounds.
What is the amount of interest that is paid on a loan when the principal is 5000 the interest rate is 7 percent per year and the time is 2 years?
Simple interest I=Prt = (5000)(0.07)(2) = $700.Compound interest: A=P(1+r)t = 5000(1.07)2 = 5000(1.1449) = $5,724.50;I=A-P = 5,724.50 - 5000 = $724.50
What is the total compound interest of a loan for 5000 with an annual interest rate of 8 percent at the end of a two-year period?
It is 832 units of currency.
If 5000 is invested at an annual interest rate of 9 percent compounded continuously. How much is available after 7 years?
Principal amount 5,000 Interest rate 9 percent per year = 0.09 Continuous compounding Number of years 7 Future value = P e^rt Future value = (5000) e^(0.09)(7) Amount after 7 years = $9,388.05
What is the total compound interest of a loan for 5000 with an annual rate of 8 percent at the end of a two-year period?
It is 5000*[(1+8/100)2 - 1] = 5000*[1.1664 - 1] = 5000*0.1664 = 832
How much interest will be paid on 350 if the rate of interest is 18 percent?
63 dollars
