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What if your aunt is planning to invest in a bank CD that will pay 8.00 percent interest semi-annually. If she has 13000 to invest how much will she have at the end of four years?
Your aunt is planning to invest in a bank CD that will pay 8.00 percent interest semi-annually. If she has $13,000 to invest, how much will she have at the end of four years?
How much do you pay for 900 debt at 12 percent interest by paying 100 per month?
The answer depends on how often the interest due is recalculated, If annually then 1008; if monthly, then 945.34
What do banks pay at to their savings account customers?
Interest. Apex. The interest rate is a certain percentage of how much you have in the savings account that the bank will pay you annually. I highly suggest watching Graham Stephan on YouTube to learn about the best high interest savings accounts so you can make money for saving!
Do you have to pay tax on CD interest?
Yes, you generally have to pay tax on the interest earned from a CD. This interest is considered taxable income by the government.
Suppose Betty takes out a loan for 300 at an annually compounded interest rate of 6 percent to be repaid after 5 years How much will be required to pay off the loan?
390.45
What is a bond and how interest are paid?
Bond could for instance be if you lend money to the government. They would pay you an interest like if you would pay an interest in the bank.
Do you have to pay taxes on the interest earned on a CD?
Yes, you have to pay taxes on the interest earned on a CD as it is considered taxable income by the government.
How much does medical assistant pay at kaiser permanente?
50,000/ annually
When the government borrows money it must pay this?
Interest on the money
What is interest cover?
Interest cover means how much profit is available to pay the fixed interest expenses when due.
A note issued by the government which promises to pay off a loan with interest?
its a Bond.
Bonds?
You loan the government money. They agree to pay you back plus interest.
