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If you have 1150000 how long would it take them to accumulate 2000000 in cash Assume an interest rate of 5 percent?
Approx 11.34 years.
How much interest will be earned on an investment of 8000 at 10 percent simple interest for 3 years?
$2400
How many simple interest will be earned on 320 saved for four years at twelve percent and a half interest?
It will be 160.
How much less interest is earned at 6 percent simple interest for 5 years on a 10000 investment than a 6 percent rate compounded daily for 5 years?
3000
Invested 1550 at 6.5 percent interest earned 302.25 interest after t years What is the value of t?
T = 3yrs
How much interest is earned for the investment 20 000 for 2 years at 6 percent compounded annually?
Interest = 2472
Find the simple interest earned after 5 years on an investment of 2000 at 3.2 percent?
320
How many years would it take to double 100 if it earned 7.75 percent interest per year?
10 years
What is the simple interest earned on an investment of 350 at 2.5 percent for 5 years?
350*0.025*5 = 43.75
Juan deposited 200 in a savings account earning 3 percent interest over 2 years What was the total amount of interest earned after 2 years?
Interest for 1st year = $6 Principal after 1 year = $206 Interest for 2nd year = $6.18 Principal after 2 year = $212.18 Total Interest earned after 2 years = $12.18
What is 6 years at 30 percent?
After 6 years at a 30 percent interest rate, the total amount accumulated would be 1.30 times the original amount. This increase accounts for both the original value and the interest earned over the 6 years.
After 2 years Deion earned 270 in simple interest from a CD into which he initially deposited 6000. What is the annual interest rate of the CD?
2.25 percent apex
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