1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Gnesinka [82]
3 years ago
9

Twenty years ago, you began investing $3,000 a year. Because your investments earned an average of 8 percent a year, your invest

ment portfolio has a current dollar value of $92,000. How much did you earn on your investments over the 20-year period of time? a.) $40,000
b.) $132,000
c.) $92,000
d.) $52,000
e.) $2,000
Mathematics
1 answer:
Ulleksa [173]3 years ago
6 0

Answer:

$32,000

Step-by-step explanation:

Yearly investment = $3,000

Number of years = 20

Investments earned an average of 8 percent a year.

Total invested amount = $3,000 × 20 = $60,000

Current value of investment = $92,000.

We need to find the total earnings on the investment.

Earnings = Current value of investment - Total invested amount

Earnings = $92,000 - $60,000

Earnings = $32,000

Therefore, the total earnings is $32,000.

You might be interested in
I need help pls I'm struggling .
ivanzaharov [21]

Answer:

answer: 1/36 or 2.8%

Step-by-step explanation:

Green is the answer because probability for this will be found by doing the chances for both multiplied by each other there is a 1/6 chance of getting 5 so 1/6 x 1/6 = 1/36 so thats why green is the answer. Hope that helps!

3 0
3 years ago
I NEED HELP ASAP PLS
Vsevolod [243]

Answer:

x

Step-by-step explanation:

5 0
3 years ago
Read 2 more answers
Pleas help me on this
labwork [276]

Answer:

3x

Step-by-step explanation:

x+x+x

=3x

if i am wrong than sorry

8 0
3 years ago
Read 2 more answers
Determine if the sequence below is arithmetic or geometric and determine the
asambeis [7]

Answer:

Step-by-step explanation:

This is an arithmetic series.

3 , 5 , 7 ,......

Common difference = second term - first term

                                 = 5 - 3

                                  = 2

4 0
2 years ago
Find the perimeter of a square whose sides are 7.
allochka39001 [22]
Hey there,

Your question states: <span>Find the perimeter of a square whose sides are 7.

When finding the perimeter, we need to multiply each side because it is a square. So 7 times 4 would be 28

~Jurgen</span>
5 0
3 years ago
Other questions:
  • What's the answer to this
    7·2 answers
  • What is a repeating decimal between -2 1/3 and -2 1/5.
    11·1 answer
  • Can someone check to see if I'm correct?
    7·1 answer
  • Scott has 315 more stamps from the u.S. Than from Canada which is 55. Each stamp from the u.S. Is worth 49 cents. Scott wants to
    12·1 answer
  • The circumference of Dion's bicycle tire is 56.52 inches. What is the diameter of Dion's bicycle tire? (Use 3.14 for i.)​
    8·1 answer
  • Onyx had $590. He spent 35 of it and then saved the rest. How much money did Onyx spend? $
    9·1 answer
  • What is the mode interval for the set of data?<br> 60 - 69<br> 70 - 79<br> 80 - 89<br> 90 - 99
    8·1 answer
  • V256 = (1 point)<br> O 12<br> O 14<br> O 16<br> O 18
    9·1 answer
  • Of 100 students, 30 can speak French, 10 can speak German, and 6 can speak both French and German. If a student is picked at ran
    10·1 answer
  • Solve system of equations can someone show step by step please <br> 2x-6y=-12<br> x+2y=14
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!