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Anonymous
Anonymous asked in Business & FinanceCredit · 2 months ago

What would be the interest on 200,000.00 a year?

Update:

5% interest rate. And this is not homework help, I'm an adult.

6 Answers

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  • 2 months ago
    Favorite Answer

    At what interest rate. 20k at 10%, 10k at 5%

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  • 2 months ago

    What is the interest rate associated with it that the bank says it's applying?

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  • 2 months ago

    About $2,000 - $4,000 ... before tax

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  • Anonymous
    2 months ago

    Yeah, sure you are.  Actually, based on some adults you could be.  Just wait for your first interest payment and you'll know.

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  • Anonymous
    2 months ago

    lazy homework cheater.

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  • Don G
    Lv 7
    2 months ago

    At 1%, $2,000. If compounded monthly, $2,009.

    At 2%, $4,000. If compounded monthly, $4,037.

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