Questions tagged [interest rate]

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ZenHarmony ZenHarmony Thu Nov 21 2024 | 5 answers 1184

How much is 3% interest on $5000?

I have a question about calculating interest. Specifically, I want to know how much 3% interest would be on a principal amount of $5000.

How much is 3% interest on $5000?
Valeria Valeria Wed Nov 20 2024 | 5 answers 1167

What is 3.5% APY on $1000?

I have $1000 and I want to know how much interest I would earn if the annual percentage yield is 3.5%. What does 3.5% APY mean in terms of actual dollars earned on my $1000?

What is 3.5% APY on $1000?
SamsungShineBrightnessRadianceGlitter SamsungShineBrightnessRadianceGlitter Wed Nov 20 2024 | 7 answers 1374

How do I calculate APY?

I want to know how to calculate the Annual Percentage Yield (APY) for an investment or a savings account. I'm looking for the specific steps or formula to determine the APY.

How do I calculate APY?
CryptoNerd CryptoNerd Wed Nov 20 2024 | 6 answers 829

What is 10% APY in crypto?

I'm interested in understanding what 10% APY means in the context of cryptocurrencies. How does it work and what are the implications of such a rate?

What is 10% APY in crypto?
Lucia Lucia Tue Nov 19 2024 | 5 answers 1011

How does APY work?

I want to understand how Annual Percentage Yield (APY) operates. Specifically, I'm curious about its mechanism and how it affects my investments or savings over a year.

How does APY work?

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