breeee66 breeee66
  • 04-05-2022
  • Mathematics
contestada


Investment question Part 2: $3,500 is invested at 7%. How much money
will be in the account after 17 years?

Respuesta :

fieryanswererft
fieryanswererft fieryanswererft
  • 04-05-2022

Answer:

$7665

Explanation:

simple interest: principal * rate (%) * time (years)

Given:

principal: $3,500

rate: 7%

time: 17 years

Solve for interest received:

3,500 * 7% * 17

$4165

Total money in account:

$4165 + $3,500

$7665

Answer Link

Otras preguntas

is 2/5 larger than 2/7? (Fractions)
How did Jewish ideas spread
what was the tax of 1791 supposed to do
Music historians believe that the folk music that grew in the Appalachian Mountains area in the 1800s was some of the first music that was distinctly American.
by what means did king Leopold 2 of Belgium colonize central Africa
Lea wants to put a fence around her garden .Her garden measures 14 feet by 15 feet .She has 50 feet of fencing .How many more feet of fencing does Lea need to p
what is nine hundred twenty-seven and fifteen hundredths in standard form?????????? HELP FAST PLEARE!!!????!!!!???
write a number sentence using division to show what fraction represented on a number line is equivalent to three forths
how much is a kilogram???
how does a bed exert force on you