Your bank offers a 10-year certificate of deposit (cd) that pays 6.5% interest, compounded annually. if you invest $2,000 in the cd, how much will you have when it matures?
1 answer:
Lily deposited $500 in a savings account. At the end of 1 year, she had earned $20 in simple interest. What interest rate did she receive? this equals 4% here is the info: Substituting the values...
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Answer:
28
Step-by-step explanation:
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Tax=$0.91
Step-by-step explanation:
Tax=$12.99(.07)=$0.9093
Tax=$0.91
Answer:
Step-by-step explanation:
Isol ate d
.
Div ide both sides of the equation by b
Sim plify
Answer:
a
Step-by-step explanation:
you would add three to both sides because you are subtracting on the left side, so you would use inverse operations
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3600
Step-by-step explanation:
