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How much is interest on one million dollars?
as of today, the interest rate in the United States( with the currency 1 million dollars) is 0.25% Therefore, after one month, the one million dollar will have an interest of: $2500 ((1000000/100)*0.25)
What is the daily interest rate if the annual interest rate is 16.75 percent based on 365 days in the year?
If the interest rate yearly is 16.75% then the daily interest rate will be 16.75%. The daily, weekly, monthly, or hourly rate doesn't change from one time frame to the next.
What is the correct yearly interest rate for a monthly rate of 1.5 percent?
It is [1 - (1.015)^12]*100 % = 19.56 %
How much interest rate daily of fifty million dollars?
That depends on the interest rate; this has been varying widely in recent years. Multiply the capital (the 50 million dollars) by the yearly interest rate; divide the result by 365 to get the daily interest.
How do you find interest rate?
To find interest rate you multiply the price by the time by the percent
How to convert a yearly interest rate to a monthly interest rate?
To convert a yearly interest rate to a monthly interest rate, divide the yearly rate by 12. This will give you the equivalent monthly interest rate.
What is the current yearly interest rate for a month for the rate of 0.6?
The current yearly rate comes out to be 7.2 percent.
What is a yearly payment of simple interest?
It is the capital multiplied by the interest rate (in %) divided by 100.
What is the current yearly interest rate for a monthly for the rate of 0.6?
If the monthly interest rate is 0.6%, you can multiply that by 12 to get an approximation of the yearly rate. For an exact calculation (involving compound interest), you basically convert the interest rate (0.6% a month) to a factor - that is, your total money increases by a factor of 1.006 (i.e., 1 + 6%) a month. You can raise this to the power 12 to convert it to yearly, then subtract one to convert it back to an interest rate. For small interest rates, as in this case, the result should be fairly close to the above quick estimate.
What of these describes annual percentage rate?
A measure of the cost of credit expressed as a yearly interest rate A+
How much is interest on one million dollars?
as of today, the interest rate in the United States( with the currency 1 million dollars) is 0.25% Therefore, after one month, the one million dollar will have an interest of: $2500 ((1000000/100)*0.25)
What is the daily interest rate if the annual interest rate is 16.75 percent based on 365 days in the year?
If the interest rate yearly is 16.75% then the daily interest rate will be 16.75%. The daily, weekly, monthly, or hourly rate doesn't change from one time frame to the next.
What is the correct yearly interest rate for a monthly rate of 1.5 percent?
It is [1 - (1.015)^12]*100 % = 19.56 %
How much interest rate daily of fifty million dollars?
That depends on the interest rate; this has been varying widely in recent years. Multiply the capital (the 50 million dollars) by the yearly interest rate; divide the result by 365 to get the daily interest.
How do you find interest rate?
To find interest rate you multiply the price by the time by the percent
What describes a annual percentage rate?
A measure of the cost of credit expressed as a yearly interest rate.
What is the interest rate for a mortgage from the bank Indymac?
The interest rate for mortgages from IndyMac start from between 2.7% - 3.7%, depending on your yearly fixed rate. This also depends on your annual mortgage payments.
