brookelovesyell121 brookelovesyell121

03-05-2018
Mathematics

contestada

Assume 20,000 is borrowed for 14 years at 8.5% interested compouinded annually

Respuesta :

TheBreeze TheBreeze

08-05-2018

To solve for one year:
20000 + 0.085(20000)
For 14 years:
20000 + 14(0.085(20000))
20000 + 1.19(20000)
To make it similar:
2.19(20000) = 43800
You now have 43800 dollars, and gained $23800

Answer Link

Otras preguntas

Determine any asymptotes (Horizontal, vertical or oblique). Find holes, intercepts and state it's domain. [tex]g(x) = \frac{x^{2} -4}{x^{3} +x^{2} -4x - 4}[/tex

Which image represents solitariness in William Wordsworth's poem "Daffodils"? A. the cloud floating over hills and valleys B. the wind blowing through the daf

4 checks and balances that the constitution puts on presidential powers

The delegates to the second continental congress chose george washington as commander in chief because

Help me answer this plz

Compare the 1945 bombing of Japan to a similar recent event. What were the consequences of both events? What lessons were learned from them?

PLEASE HELP!! can you solve this problem? you need to fill all 10 squares with the correct number and/or symbols. Below are the options of numbers and/or symbol

What type of development leads to change in the size, proportion,and strength of the body

Type the correct answer in the box. Use numerals instead of words. If necessary, use / for the fraction bar. The graph of a linear equation passes through thre

A group determination of whether or not something is right or wrong