victoriawhaley23 victoriawhaley23

22-10-2019
Mathematics

contestada

A principal of $2000 is accumulated with 7.5% interest compounded monthly for
4 years.

Respuesta :

iifeless iifeless

22-10-2019

STEP BY STEP
2000 x .075 = 150
150 x 12 = 1800
1800 x 4 = 7200

4 = years
.075 = 7.5% interest
12 = 12 months in a year

ANSWER
7200$ in interest

Answer Link

Otras preguntas

(Urgent) How does the poem 'The Chimney Sweep' and 'The link to history and how does their charters effect the reader?

what is the major difference between pulmonary veins and most other veins? a. they have a corresponding artery. b. they have a thin, smooth muscular layer. c. t

Please Help! Find the exact value: csec 22pi/3

What would happen if suppliers charge less than the equilibrium price for your good or service?

Reba put $61 into a CD that pays 6.5% interest compounded semi-annually. According to the Rule of 72, approximately how long will it take for her money to doubl

The reaction of chlorine gas with solid phosphorus (P4)produces solid phosphorus pentachloride. When 16.0 g chlorine reacts with 23.0 g P4, which reactant limit

Which of the following systems has the highest entropy? A cup of ice at 0 degrees C A cup of water at 50 degrees C A cup of water at 0 degrees C A cup of ice at

A benefit of monopoly for the business owner is

Identify the choice that correctly completes the sentence: _____ of these paintings were damaged by the flood.

what is the different between nucleolus and chromatin ?