Suppose Johnny invests $2,745 into an account, which has been earning interest for many years and he now has a total of $39,974.

Question

3 years ago

14

Suppose Johnny invests $2,745 into an account, which has been earning interest for many years and he now has a total of $39,974.

In two or more sentences explain why a negative number would/wouldn’t be reasonable in the solution of the rate he received on his investment.

Mathematics

1 answer:

Mila [183] · Answer 1 · 2022-03-26T21:50:40+03:00

Mila [183]3 years ago

5 0

He earn around $36629 as intrest.
so usually intrested is calculated according to the percentage.
some monthly and annually.

so you cannot have negative number for %
and he gained then there no way .then have negative number..