0
Best Answer
calculate 10% of number ($2950.00 x 10% = 295.00) then divide it by 12.
Wiki User
∙ 12y agoThis answer is:
Add your answer:
Earn +20 ptsQ: How do you calculate accrued interest at 10 percent per annum?
Write your answer...
Submit
Still have questions?
Continue Learning about Other Math
What is the simple interest on 642 for 7 years at 11 percent per annum?
$494.34 Interest= principal amount * time* simple interest %
What is the present worth of Rupees.132 due in 2 years at 5 percent simple interest per annum?
120
What is interest of rs 200000 at the rate of 11.5 percent per annum for 3 years?
Assuming simple interest, you multiply the capital times the interest rate times the number of years.
How many times will the sum gets multiplied in 10 years at 20 percent per annum simple rate of interest?
3
What is 7 percent per annum on 164300?
11501 per annum.
Related questions
Calculate the sum to which 6000 will amount in 5years at 12 percent per annum compound interest?
5,132.33^10
How do YOU calculate interest on working capital at the rate of 12 percent per annum?
(Amount of working capital/100)*12
What is 9 percent of 7450per annum simple interest?
670.50
What is 9 percent per annum on 30000?
If it is simple interest, then it is 2700. ■
What is pcpa as interest rate?
P.C.P.A. stands for Percent Compounded Per Annum.
What does 4.9 percent p. a. interest mean on a credit card?
It means the percent of interest paid annually (p.a. means per annum).
What is the nominal rate of interest per annum compounded monthly equvalent to effective interest rate of 12.60 percent per annum?
0.9938% per month, when compounded is equivalent to 12.6% annually.
What is the simple interest on 642 for 7 years at 11 percent per annum?
$494.34 Interest= principal amount * time* simple interest %
What is the monthly interest on 13 percent per annum?
It's 11/12 percent of whatever principle you still owe.
What would the cost be for a interest rate of 9 percent annum on 13500.00?
multiply 13500 by .09
What is the principal amount which earns Rs24 as simple interest for 3 years at 10 percent interest per annum?
Rs 80.
What would be the interest on 231700 at 3 percent per annum for 5 years and 7 months?
It is 41575.40
Copyright ©2024 Infospace Holdings LLC, A System1 Company. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.