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elena-14-01-66 [18.8K]
2 years ago
14

What would be the yearly earnings for a person with 9000 in savings at an annual interest rate of 1.5 percent?

Business
1 answer:
Afina-wow [57]2 years ago
3 0

What would be the yearly earnings for a person with 9000 in savings at an annual interest rate of 1.5 percent is: $135

<h3>Yearly earnings </h3>

Using this formula

Yearly earnings =Savings×Annual interest rate

Where:

Savings=9,000

Annual interest rate=1.5%

Let plug in the formula

Yearly earnings=9,000×1.5%

Yearly earnings =$135

Therefore what would be the yearly earnings for a person with 9000 in savings at an annual interest rate of 1.5 percent is: $135

Learn more about Yearly earnings  here:brainly.com/question/26215194

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Explanation:

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A comprehensive financial framework detailing all the expenditure across the acquisition phase, holding period and the disposition phase must be in place in order to get an accurate calculation of expenditure data to used in analyzing the profit potential of a property.

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