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what Calculate the new balance after one year on a savings account if the previous balance was $230.10 and the interest rate was 4%.?
239.30
What else can I help you with?
Calculate the new balance after one year on a savings account if the previous balance was 125.39 and the interest rate was 5 percent?
$131.66
How do you calculate the monthly credit card payment?
To calculate the monthly credit card payment, you can use the formula: Payment (Balance x (Interest Rate/12)) / (1 - (1 Interest Rate/12)-Number of Months). This formula takes into account the balance on the card, the interest rate, and the number of months you want to pay off the balance.
What amount of money in a checking or a savings account upon which interest is based?
The amount of money in a checking or a savings account is the balance. The interest is usually based on the balance.
When the interest paid on a savings account is added to the balance so the interest earns interest this is known as?
Compound interest
How do you calculate monthly payments on a credit card?
To calculate monthly payments on a credit card, you can use a formula that takes into account the card's interest rate, balance, and the number of months you want to pay it off in. This formula typically involves dividing the total balance by the number of months, then adding the interest accrued each month.
Calculate the new balance after one year on a savings account if the previous balance was 230.10 and the interest rate was 4.?
239.30
Calculate the new balance after one year on a savings account if the previous balance was 125.39 and the interest rate was 5 percent?
$131.66
What is the previous balance method?
calculates the interest you owe for your balance at the end of the previous billing period
Calculate the simple interest you would receive in one year on a savings account that earns 5 percent annual interest What if your beginning balance is 255.19?
12.76
Calculate the simple interest you would receive in five years on a savings account that earns 7.5 percent annual interest What if your beginning balance is 1236.59?
463.72
How do you calculate interest in saving account Ethiopia?
the minimum balance witin the month times times pevailing interest rate multiplied by month and divide by 12
How do you calculate the monthly credit card payment?
To calculate the monthly credit card payment, you can use the formula: Payment (Balance x (Interest Rate/12)) / (1 - (1 Interest Rate/12)-Number of Months). This formula takes into account the balance on the card, the interest rate, and the number of months you want to pay off the balance.
Calculate the current balance on your checking account if the previous balance was 129.32. You wrote checks for 59.73 and 32.95 and later made a deposit of 754.23.?
A balance of $790.87, assuming you've told us everything.
Which type of checking account pays interest on the mean balance of the account during a particular cycle?
Average Balance account
Calculate the current balance on your checking account if the previous balance was 129.32. You wrote checks for 59.73 and 32.95 and later made a deposit of 754.23?
A balance of $790.87, assuming you've told us everything.
Which type of checking account pays interest on the mean of the account during a particular?
A checking account that pays interest on the mean balance during a specific period is typically referred to as an interest-bearing checking account. Unlike standard checking accounts, which usually do not earn interest, these accounts calculate interest based on the average balance maintained over a specific time frame. This means that the account holder can earn a return on their funds while still having the flexibility to access their money for transactions.
Calculate the simple interest you would receive in five years on a saving account that earns 7.5 annual interest Your beginning balance is 1236.59?
The simple interest over a period of five years is $463.70
