Question: Dave wants to invest $2000 in an account that earns 2.5% interest compounded monthly. If he leaves the money in the account for 5 years, how much money will he have at the end of those 5 years?
Answer:
Step-by-step explanation:
Answer:
Its right
Step-by-step explanation:
Answer:
well it could be 6-1=5 5-1=4 4+ 7 = 11
Step-by-step explanation:
Unsure of what you're asking by "<span>What is the rate of 2.50/10.50
and 1.99/2.50?" Do you mean, "</span><span>What is the RATIO of 2.50/10.50
and 1.99/2.50?"
If so, this ratio is
2.5/10.5
---------------
1.99/2.50
Invert the denominator, obtaining 2.50/1.99, and then multiply the numerator 2.5/10.5 by this result:
2.5 2.5 6.25
------- * ------- = ----------- = 1 / 3.3432, or 0.2991.
10.5 1.99 20.895
If this is not the question you intended to share, please fix up your original post so I'll know what you meant.</span>
