Simple interest 2
Find the simple interest if 23604 USD at 4.8% for 8 months.
Correct answer:
Tips for related online calculators
Our percentage calculator will help you quickly calculate various typical tasks with percentages.
Do you want to convert time units like minutes to seconds?
Do you want to convert time units like minutes to seconds?
You need to know the following knowledge to solve this word math problem:
Units of physical quantities:
Themes, topics:
Grade of the word problem:
Related math problems and questions:
- A loan
A loan of $944 is charged simple interest at an annual rate of 8.1%. How much money is owed 14 months after the loan was made? - Simple interest 3
Find the simple interest if 11928 USD at 2% for 10 weeks. - Simple interest 4 Find the simple interest if 7134 USD at 4.2% for 188 days. Assume a 360-day year.
- Interest 9791
From € 800 for six months at an interest rate of 7.5% per annum; and - simple interest b - compound interest - Edmond
Edmond Santos borrowed USD 20,000 for 18 months at 6 1/2 % per year. Find the APR (Annual Percentage Rate) if he repaid the loan monthly. The answer is: Note: APR is expressed as a percentage representing the actual yearly cost of funds over a loan term. - Saving 9
An amount of $ 2000 is invested at an interest of 5% per month. If $ 200 is added at the beginning of each successive month but no withdrawals. Give an expression for the value accumulated after n months. After how many months will the accumulated amount - An investment
How long will it take for an investment to double at a simple interest rate of 5.10% per annum? Express the answer in years and months, rounded up to the next month. - Deposit in the bank
After the summer job, you saved € 800 in the bank. The interest rate is 4% p. a. Interest on the deposit is taxed at 15% withholding tax. How much can you withdraw after three months? - Account operations
My savings of PHP 90,000 in a bank earns 6% interest in a year. If I deposit an additional PHP 10,000 at the end of 6 months, how much money will be left if I withdraw PHP 25,000 after a year? - Simple interest 5
At what simple interest rate should Renel invest his P45,000 so that it earns P5,500 in 1 year and 5 months - Maturity value
IKEA Furniture can purchase furniture with a three-year simple interest loan at 8% interest per year. What is the maturity value of a 3500 loan? - Deposit
We deposited a total of $15,000 into simple interest accounts. The annual simple interest rate on one account at 6% the annual simple interest rate on the second account at 7%. How much should be invested in each account so that the total interest earned - Dream home
You finally found your dream home. It sells for $120,000 and can be purchased by paying 10% down and financing the balance at an annual rate of 9.6% compounded monthly. a) How much are your payments if you pay monthly for 30 years? b) Determine how much w - Chelsea
Chelsea Donahue has a 20-year home mortgage of $74000 at 7.50% interest and will pay a $534 annual insurance premium. Her annual property tax will be $1534. Find her monthly PITI payment. - Investment If an investor invests $2000 on January 1st, every year guarantees him 4% per annum. If the interest is calculated on December 31st, how much will the account be at the end of the 10th year?
- What amount
What amount of money will be required to repay a loan of $30000 on June 1, 2008? If the loan was made on September 1, 2001, at the interest rate of 14% compounded quarterly. - Mathematics) 4751
At the beginning of the year, my father invested EUR 1,000 in the bank at an annual interest rate of 3%. How many euros will the bank credit him with the deposit after eight months? (compound interest - from financial mathematics)
