Ask question

Ask question

All categories

VladimirAG [237]

3 years ago

12

7800 dollars is placed in an account with an annual interest rate of 6.5%. How much will be in the account after 29 years, to th

e nearest cent?

1 answer:

dimaraw [331]3 years ago

4 0

Answer:

Year 29 $2,956.63 Total Interest $40,643.25 Balance $48,443.25

Step-by-step explanation:

Base amount: $7,800.00

Interest Rate: 6.5% (yearly)

Effective Annual Rate: 6.5%

Calculation period: 29 years

You might be interested in

Kevin packs cans of beans into cases. He has 3,987 cans, and each case holds 240 cans. How many cases will he need to pack all t

vivado [14]

3987/240=16.6125

So he would need 17 Cases/Boxes to fit the cans.

Answered by /\///\/_//\

4 0

3 years ago

Read 2 more answers

I have no clue on how to do this.

ad-work [718]

ANSWER: 5.4

EXPLANATION: 27/5 =5.4, so the base is 5.4!

hope this helps!! tell me if you need more assistance :))

4 0

4 years ago

What is two 2/3÷1 1/6

babunello [35]

Answer:

0.57142857142

Step-by-step explanation:

6 0

3 years ago

Read 2 more answers

How do you solve 2h + 7 > 21

Mrrafil [7]

$2h + 7 > 21\\
2h>14\\
h>7$

8 0

3 years ago

Read 2 more answers

Need this asap please

Reptile [31]

Answer:

Third one is correct because it says it must be more than 2 not 2 or more.

The one you choose would be like, it must be 2 or more.

Step-by-step explanation:

4 0

3 years ago

Read 2 more answers