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How much interest is earned on the account?
A $5000 investment at an annual simple interest rate of 4.4% earned as much interest after one year as another investment in an account that earned 5.5% annual simple interest. How much was invested at 5.5%?
How can I calculate the monthly interest rate from an annual interest rate?
To calculate the monthly interest rate from an annual interest rate, divide the annual rate by 12. This will give you the monthly interest rate.
How to convert a monthly interest rate to an annual interest rate?
To convert a monthly interest rate to an annual interest rate, you can multiply the monthly rate by 12. This will give you the annual interest rate.
What is the true annual rate of interest charged?
The true annual rate of charged interest is called the annual percentage yield. It is the interest charged and compounded against.
How can I convert an annual interest rate to a monthly interest rate?
To convert an annual interest rate to a monthly interest rate, divide the annual rate by 12. This will give you the equivalent monthly rate.
How much interest is earned on the account?
A $5000 investment at an annual simple interest rate of 4.4% earned as much interest after one year as another investment in an account that earned 5.5% annual simple interest. How much was invested at 5.5%?
How much is 1000000000 in pounds?
1000000000 pounds is equivalent to about 1 billion pounds.
If you invested 15000 In two accounts paying 6% and 8% annual interest. If the total interest for the year was $1120 how much interest was earned at each rate?
You invested $15,000 in two accounts paying 6% and 8% annual interest, respectively.
How much interest daily 1 million dollar?
The answer will depend on the interest rate. Multiply the annual interest rate (in percentage terms), by 10000/365
How do you convert annual interest rate to monthly?
Let i = annual rate of interest. Then i' = ((1+i )^(1/12))-1 Where i' = monthly rate of interest
What is the true annual rate of interest charged?
The true annual rate of charged interest is called the annual percentage yield. It is the interest charged and compounded against.
What is the value of 1000000000 milijarda dinara in Indian rupee?
How much Indian carncy
How much does 2000 earn in 6months at an annual interest rate of 4 percent?
40
How much money should be invested at an annual interest rate of 8 percent in order to earn 250 of yearly interest?
3125
What is the formula to calculate monthly interest rate if the annual interest rate is known?
Annual Interest Rate divided by 12= Monthly Interest Rate
Earl's 1000 bond earns 6.2 percent in annual interest What is the annual interest?
62
Bens 1000 bond earns 7.5 percent in annual interest What is the annual interest?
75
