jacob received $500 for christmas from his parents, he wants to put it into an account that will pay him 7.75% interest each yea
r. if he wants to withdraw all his funds at the end of the year. how much will he withdraw
1 answer:
Answer:
He will have $538.75 after one year.
Step-by-step explanation:
First we need to find how much is 7.75% of 500. We can find it by multiplying 500 x .0775
This equals 38.75
That means after one year, he has $38.75 more.
500+38.75=538.75
He will have $538.75 after one year.
You might be interested in
Answer:
square root 12^5
Step-by-step explanation:
Hope this helps!, I have to have more than 20 characters so ignore this!
Answer:
H
Step-by-step explanation:
24 x 1 1/4
Answer:
x>9 and x<11
Step-by-step explanation:
Hope you can read that okay
