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what is $16,000 at 5% interest amortized over 16 months
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What are the monthly payments?
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What is the interest payment on $16,000 at 5% interest amortized over 16 months with $1,000 payment per month
Top answer:
16,000 * 0.05 = 800 (800/12) * 16 = ?
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Consider an amortized loan of $10,000 ( with 10.0% interest compounded monthly) paid back over two yrs in equal, monthly
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To calculate the interest paid for each month, the amount of principal paid off, and the balance at
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Calculate the simple interest on a $100,000 investment at an interest rate of 12 percent a year after 6 months.(1
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To calculate the simple interest on a $100,000 investment at an interest rate of 12% a year after 6
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Calculate the simple interest on a $100,000 investment at an interest rate of 12 percent a year after 6 months.(1 point)
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The simple interest on a $100,000 investment at an interest rate of 12 percent a year after 6 months
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Calculate the simple interest on a $100,000 investment at an interest rate of 12 percent a year after 6 months.(1 point)
Response
Top answer:
To calculate the simple interest, we can use the formula: Simple Interest = Principal × Interest
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Calculate the simple interest on a $100,000 investment at an interest rate of 12 percent a year after 6 months.(1 point)
Response
Top answer:
To calculate the simple interest, we use the formula: Simple Interest = Principal * Interest Rate *
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Calculate the simplest interest on a $100,000 investment at an interest rate of 12 percent a year after 6 months.
answers:
Top answer:
To calculate the simplest interest, we use the formula: Simple Interest = Principal × Rate × Time
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Calculate the simple interest on a $100,000 investment at an interest rate of 12 percent a year after 6 months.(1 point)
Response
Top answer:
To calculate the simple interest, we can use the formula: Simple Interest = (Principal x Interest
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Calculate the simple interest on a $100,000 investment at an interest rate of 12 percent a year after 6 months.(1 point)
Top answer:
To calculate the simple interest, we use the formula: Simple interest = Principal * Rate * Time In
Read more.
Calculate the simple interest on a $100,000 investment at an interest rate of 12 percent a year after 6 months.(1 point)
Response
Top answer:
To calculate the simple interest, we need to use the formula: Simple Interest = (Principal) x
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