uv4iqy76ag uv4iqy76ag
  • 02-03-2021
  • Mathematics
contestada

Mrs. Williams wants to know how long it will take an investment of $450 to earn $200 in interest if the yearly interest rate is 8%, paid at the end of each year. Choose the closest answer.

Respuesta :

Аноним Аноним
  • 02-03-2021
It will take about 6 years. First you find 8% of 450 which is $36 then divide 200 by 36, you get 5.5 which you would round up to 6
Answer Link

Otras preguntas

According to Newton's 3rd law of motion, an action creates _____. an accelerated reaction an equal action an equal and opposite reaction a force of equal action
why might scientist be interested inn making transgenic organisms
One major characteristic of nonfiction is that it deals with _____. fact imagination reflection
A _______ is a group in which all members have common characteristics. A. Order B. Genus C. Family D. Species
2.64 × 10^-8 in standard form
Capitalism falls under what economic system? planned mercantile market
Something which is out of its proper historical time is said to be _____.
How big is the area of the Indian Subcontinent compared to the size of the US?
true or false: the condition in which a project seems to have lost its way is called scope loss
kinetic energy is affected the most by the what of an object?