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Simple Interest = (Principal * Rate * Time) / 100

Where,
Principal = 85,000
Rate = 12% per annum
Time = 5 months and 24 days, which is approximately 0.1864 years (calculated as (5 + 24/30) /
12)

Using the above formula, we can calculate the interest in each of the four methods:

Annual interest:
Simple Interest = (85,000 * 12 * 0.1864) / 100 = 19,228.80

Semi-annual interest:
Simple Interest = (85,000 * 6 * 0.0932) / 100 = 3,978.60

Quarterly interest:
Simple Interest = (85,000 * 3 * 0.0466) / 100 = 1,989.30

Monthly interest:
Simple Interest = (85,000 * 1 * 0.12) / 12 = 8,500

Therefore, Eleonora would get the following interest in each of the four methods:

Annual interest: $19,228.80


Semi-annual interest: $3,978.60
Quarterly interest: $1,989.30
Monthly interest: $8,500

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