21lwhiti
21lwhiti 21lwhiti
  • 01-02-2017
  • Business
contestada

you want to put $2,500 in a simple interest account. It has a 4% annual interest rate. How long will it take you to earn $200 in interest?

Respuesta :

ddd21
ddd21 ddd21
  • 11-02-2017
It will take 2 years because eaxh year you get 4% of the $2500 which means $100 a year
Answer Link

Otras preguntas

which number between 20 and 29 has 2 and 3 in its prime factorization?
Is 730.921 less than, greater than, or equal to 730,921?
A scientist wants to raise the temperature of a 0.10-kilogram sample of glass from –45°C to 15°C. How much heat energy is required to produce this change in te
write the ratio as a fraction in simplest form6ft to 4yd
In an examination there are four multiple choice questions with 3 options each, of which one option is the correct answer. In how many ways can a student answer
An adult blinks about 450 times in 30 min. A 12 year old blinks about 150 times in 15 min. How many more times does an adult blink in 60 min. than a 12 year old
how did Japan's feudal system impact society?
22.) -5n+3(6+7n) 23.) -2n-(9-10n) 24.) 10-5(9n-9)
What is 16/8 as a mixed number
-3/4 (-4) please provide answer and how to solve it