clardenejackson clardenejackson
  • 12-02-2018
  • Mathematics
contestada

How long it will talk an investment of $450 to earn $200 in the interest if the yearly interest rate is 6.5% paid at the end of each year ?

How long it will talk an investment of 450 to earn 200 in the interest if the yearly interest rate is 65 paid at the end of each year class=

Respuesta :

manandhanteja manandhanteja
  • 14-02-2018
I = PRT

solve for T

T = I/PR = 200/(450×0.065) = 6.83761 years
Answer Link

Otras preguntas

. Jennifer fell off her motorcycle and tore a nerve in her axillary region. She also tore ligaments in her cervical and scapular regions and broke the only bone
Programmers compile a list of instructions to build their applications. These instructions are typically grouped into units of code called ____________________.
Help! Simplify: (5/6)^2
A highway has an optional toll lane that drivers may take to reduce the time they spend driving. Drivers pay a small fee to enter the toll lane ($0.25) . Then,
How many unit cubes will fit in a rectangular prism with a volume of 15 cubic units?
According to the FBI lad director the most important quality of the lab is to ensure that the evidence and contamination free
The following model shows how different combinations of goods can be produced in an economy with available resources/technology. The Circular Flow Model Product
Assume that isIsosceles is a boolean variable, and that the variables isoCount,triangleCount, and polygonCount have all been initialized. Write a statement that
Translate and simplify number 10
John painted his most famous work, in his country, in 1930 on composition board with perimeter 104.99 in. If the rectangular painting is 5.01 in. taller than it