Reply
Mon 14 Mar, 2005 12:24 pm
Would someone figure out what 3% per annum on $18,000. for 7 months would be please?
Calculated daily, monthly or annually?
It's $540 per year - so you could just multiply that by 7/12 to get an approximation, but it does depend on how the interest is calculated.
Thank you - it is monthly.
I believe the total is $18317.37
thank you for your answer - djw
Stumble It!
Tweet This
Bookmark on Delicious
Share on Facebook
Share on MySpace