That will depend on the bank or other financial institution you are dealing with and whether you are investing or taking a loan. So it could be many different rates. So there is no single answer.
The terms and conditions of the one year no interest credit card offer include no interest charges for the first year, but may have other fees or requirements.
A Bank interest rate is the rate of interest that the bank would offer us for having our deposits with them. For example: If a bank offers a 8% interest on a one year Time deposit, then if you deposit $1000 with them, you will get $80 as interest at the end of one year.
Cindy will she receive $55.76 in interest in one year
The amount of interest earned on $100,000,000 in one year depends on the interest rate. For example, at an annual interest rate of 1%, the interest would be $1,000,000. If the rate were 5%, the interest would increase to $5,000,000. Therefore, the specific interest earned varies based on the interest rate applied.
If one thousand dollars is invested at an interest rate of 9% per year, the interest earned after the first year would be $90 (calculated as 0.09 x 1000). This interest is added to the principal, making the new principal $1,090. In the second year, the interest earned on this new principal would be $98.10 (calculated as 0.09 x 1090).
1500
18750
You invested $15,000 in two accounts paying 6% and 8% annual interest, respectively.
33 and one third of 15000 = 15000*331/3 = 500,000
One third of 15000 is calculated by dividing 15000 by 3. This results in 5000, as each part represents one third of the whole. So, one third of 15000 is 5000.
1% of 15000 = 150
If the interest is compounded annually, then the first interest payment isn't added until the end of the first year. Until then, the investment is worth exactly $15,000.00 .
If interest money will be added to to invested money each year, the result will be 15000x(1+0.05)^10=24,433.42 (rounded) If interest money will not be added to to invested money, the result will be 15000x(1+0.05x10)=22,500
Not really. The average person drives about 10000 to 12000 miles a year.
100000 + 45000 + 15000 + 15000 + 15000 +10000 = 200000 Since there is only one number, the average is that number, namely 200000
assuming you have to work 8 hrs a day and 20 days a month ... then 15000 a year === $7.8 per/hr
waht is the paymentwaht is the paymentTo payoff 15000, in 72 months with a interest rate of 10%,if would cost you $277.88 per monthsource:http://www.estimatepension.com/amortization-Schedule-Calculator.aspx