ajfasfd ajfasfd
  • 11-10-2016
  • Mathematics
contestada

If you invest $2,000 today in a bank that gives you a 4 percent annual interest rate, which of these items can you buy in seven years?

Respuesta :

apologiabiology
apologiabiology apologiabiology
  • 11-10-2016
assuming simple interest
I=PRT
prinicipal=P
R=rate
t=time in years
I=interst

P=2000
r=0.04
T=7

I=2000*0.04*7
I=560

2000+560=2560

you can buy something that costs $2560
Answer Link

Otras preguntas

Given f(x) = 6x^4 – 10x^3 + 40x – 50, find f(2)
What is a physical adaptation and what might happen if a plant that grows well in one in environment not grow well in a different environment three reasons why
What’s the mean,madian,mode and range
PLEASE HELPPP MEEEEE!!! Explain why the Founding Fathers initially approved of the Articles of Confederation?
Given the vertex of (3, 6) of a quadratic and a point at (4,8) what would be the a value for the quadratic? [tex]y = a(x-h)^{2} + k[/tex] a = ?
The ability of an organism to produce light is called __________
Why was waiting war in Vietnam difficult for US soldiers
Which form of Carbon is more common? C -13 C - 11 C - 14 C - 12
why were the people of the Cherokee nation sent on the Trail of Tears?​
[tex]5 \times 48 \div 12[/tex]​