brookelovesyell121 brookelovesyell121

03-05-2018
Mathematics

contestada

Assume 20,000 is borrowed for 14 years at 8.5% interested compouinded annually

Respuesta :

TheBreeze TheBreeze

08-05-2018

To solve for one year:
20000 + 0.085(20000)
For 14 years:
20000 + 14(0.085(20000))
20000 + 1.19(20000)
To make it similar:
2.19(20000) = 43800
You now have 43800 dollars, and gained $23800

Answer Link

Otras preguntas

Which group has the responsibility of enforcing laws? O people appointed by the Senate O people appointed by the president O people appointed by the Supreme Cou

A line passes through the points (-3,1) and (9,5) and is labeled line d. Construct two lines: A line that is parallel to the line d described above through the

−11b+7=40 b= pls help

Savita was given a set of 250 cherries and Gail was given a setof 350 cherries. Both were also given a set of small plastic bags.Savita had to pack 8 cherries i

Please help me asap!!!

How much potential money could be created from a new deposit of $2,000 and with a reserve ratio of 10%? How would it affect the ability of bank to create money

Use the distributive property to remove the parentheses -5(2x-3w-6)

If y=5sin (3x -40)Calculate the frequency and period

I’ll give brainliest to the person who answers this right. Please help!!

Use the distributive property to remove the parentheses -5(2x-3w-6)