what is $67.50 interest on $4500 for 3 months?
598313
I = PRT/100 where P-principal, R-rate, T-time in years\n67.50 = 4500*R*(3/12)/100\nR = 6%
38220
$534.91 assuming the 4.5% is an annual rate.
69558
None.  Use a debit card, save money, invest.
298403
i'm not exactly sure how it works, but the 4.47% (or whatever it is) is the APR, the percentage of money you will make at the end of the year. they might pay you monthly, but it won't be 4 and a half percent a month but over the entire year.
84599
Interest is quoted as annual rates, so 5% a year would be 5/12% per month, or 0.4167%.  We were talking about $100,000, so it would be $416.70 interest.  \n\nHowever, unless the interest is paid to you in the form of a check, it is probably compounded.  The second month the interest would then be paid on $100,416.70.  Also, interest is sometimes compounded more or less frequently than once a month.  Some banks go as far as to compound daily.  That is done with a computer, not a pocket calculator!\n\nI assumed the question was about earning interest, not a loan, because the figures are more realistic that way.
426171
500*.06*90/365=$7.40\n500+7.40=$507.40
99025
Actually the answer provided by bluhawaii is incorrect.  It is only a "simple interest formula".  It does not take into account the compounding effect that occurs from the 5% raise being tacked on every year the 17 years.  Here are the correct numbers!\nYearEnd - Amount\n1- $52,500 \n2- $55,125 \n3- $57,881.25 \n4- $60,775 \n5- $63,814.08 \n6- $67,005 \n7- $70,355.02 \n8-$73,873 \n9-$77,566.41 \n10-$81,445 \n11-$85,516.97 \n12-$89,793 \n13-$94,282.46 \n14-$98,997 \n15-$103,946.41 \n16-$109,144 \n17-$114,600.92
942704
You have a right to know what the over draft was and for how much. This sounds really funny to me. I wouldn't pay a thing until you get that information. If you send in the first check then you are agreeing to paying the $4500 and it will be near impossible to get out of that amount if you don't truly owe that much.
552611
1800Merrill\nBut before you borrow from your 401k be sure to read attached article.
116263
Close to $4,000 @ 5% savings rate.
249116
$40,544   $49,279   $57,268
18132
use $100\nfv=pv * (1+ I/compounding)^n*compounding \nn = years I = interest\nx = 100 * (1+.0425)^3*1 simple\nx = 100 * (1+.04/2)^3*2 compounded semiannually\nsimple = 113.30\nsemi annual = 112.62\nso simple is better over 3 years
1154924
$40000-$65000 anually
827769
You would be charged an over the limit fee every single month you were above 3K... I hope you can pay it off fast, otherwise you are going to pay alot of finance charges. I don't think they can "punish" you though... just charge you and maybe close your account to new purchases.
877431
She invests some portion of the 4500, call it x, in the 5% vehicle, and the remainder (4500-x) in the 9% vehicle.  She wants to earn 250 per year ... it depends on how often the interest is compounded, but since annual interest is the easiest I will assume that's what you'd use for your HW problem (unless you are in an advanced econ. class or something!).\n\nSo you have 250 = 0.05x + .09(4500-x), which you can easily solve for x from.
833890
Interest = $400 x 6.5%\n            = $400 x 0.065\n            = $26\n\nAnswer: D. $26
318460
5.375% - 15-year mortgage - refinanced 3 years ago.