Question:

How do I calculate the interest on a $ 10,000 loan and the interest is 6.5 %?

Answer:

Take 10,000 and times it by 6.5 percent and you should have your answer.

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Mortgage calculators are used to help a current or potential real estate owner determine how much they can afford to borrow on a piece of real estate. Mortgage calculators can also be used to compare the costs, interest rates, payment schedules, or help determine the change in the length of the mortgage loan by making added principal payments.

A mortgage calculator is an automated tool that enables the user to quickly determine the financial implications of changes in one or more variables in a mortgage financing arrangement. The major variables include loan principal balance, periodic compound interest rate, number of payments per year, total number of payments and the regular payment amount.


Human Interest

In journalism, a human interest story is a feature story that discusses a person or people in an emotional way. It presents people and their problems, concerns, or achievements in a way that brings about interest, sympathy or motivation in the reader or viewer.

Human interest stories may be "the story behind the story" about an event, organization, or otherwise faceless historical happening, such as about the life of an individual soldier during wartime, an interview with a survivor of a natural disaster, a random act of kindness or profile of someone known for a career achievement.

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Elementary arithmetic

Elementary arithmetic is the simplified portion of arithmetic which includes the operations of addition, subtraction, multiplication, and division.

Elementary arithmetic starts with the natural numbers and the written symbols (digits) which represent them. The process for combining a pair of these numbers with the four basic operations traditionally relies on memorized results for small values of numbers, including the contents of a multiplication table to assist with multiplication and division.

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