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Can you collect interest on money owed to you by an employer for work that you have done for him after a year's time?
Wiki User
∙ 18y ago
We really need to know more information in order to answer this question. Is it money you lent your employer? If so, do you have anything in writing? Or is it money the employer owes you for work? If so, for how long has the money been owed? Each state has labor laws concerning when employees must be paid, and in most cases, moneys not paid in time can subject the employer to fines and in certain cases, you would also be eligible to collect damages, which I suppose you could call interest. But without knowing all the facts, the question can't be answered correctly.
Wiki User
∙ 18y ago
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If an estate has been in probate eleven years and is now being disbursed can a beneficiary collect interest?
Any interest that was earned from the estate over that time will be included in the payout. The trustees will have invested the money and the interest accumulated.
What is the rate of interest if a sum of money doubles itself in 10 years at simple interest?
A simple interest rate of 10 per cent per year will double a sum of money in ten years.
What is the interest rate to double money in seven years?
If you have an annual interest rate then is 10.405%
How long did it take a man to collect 60000 pennies us?
it took the man five years to collect that amount of money.........
What is the total amount of money owed if 1250 was borrowed for four years at 3.5 interest?
What is the total amount of money owed if $1,250 was borrowed for four years at 3.5% interest?
If 7558.20 in interest was earned after 12350 was invested at a simple interest rate of 7.65. How long (in years) was the money invested?
It was eight years.
What is statute of Limitations for a non moving violation in AZ I didn't have license in my possession but it was valid. Its been 10 years and Tucson is trying to collect money plus fees?
You received the ticket, so there is no statute of limitations. They can attempt to collect the charge and interest and fees as specified by the ticket or the laws referenced by the ticket.
How much money should be deposited at 4.5 percent interest compounded monthly for 3 years?
"How much money should be deposited at 4.5 percent interest compounded monthly for 3 years?"Incomplete question.... to do what?
How many years would it take for money to triple in value at 20 percent per year simple interest?
10 years. Compound interest would take 7 years.
What would 5 percent interest be on 15000 for 10 years?
If interest money will be added to to invested money each year, the result will be 15000x(1+0.05)^10=24,433.42 (rounded) If interest money will not be added to to invested money, the result will be 15000x(1+0.05x10)=22,500
What is the amount of money P that will generate 40 in interest at a 10 interest rate over 5 years?
It is approx 65.52
How do you write out a simple interest question?
Simple interest = money invested x rate/100 x number of years
