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sveta [45]
3 years ago
10

Suppose $7,000 is deposited in an account paying 2% interest per year compounded monthly. Find the amount in the account after 2

0 years with no withdrawals
Mathematics
1 answer:
forsale [732]3 years ago
5 0
Ok get a calculator times 20 times 7000 and subtract 2 percent
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Assume the annual interest rate is 6%. Calculate the value of an investment that pays $100 every two years, starting two
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3 years ago
A builder is building a fence with 6-inch-wide wooden boards, arranged side-by-side with no gaps. How many boards are needed to
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6 0
3 years ago
What is the interest if a sum of $5200 is invested for 36month at 15% per annum​
Serggg [28]

Answer:

I = 2,340

Step-by-step explanation:

The formula for interest is

I = P × R × T / 100

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I = 234,000 / 100

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4 0
3 years ago
Read 2 more answers
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