breeee66 breeee66
  • 04-05-2022
  • Mathematics
contestada


Investment question Part 2: $3,500 is invested at 7%. How much money
will be in the account after 17 years?

Respuesta :

fieryanswererft
fieryanswererft fieryanswererft
  • 04-05-2022

Answer:

$7665

Explanation:

simple interest: principal * rate (%) * time (years)

Given:

principal: $3,500

rate: 7%

time: 17 years

Solve for interest received:

3,500 * 7% * 17

$4165

Total money in account:

$4165 + $3,500

$7665

Answer Link

Otras preguntas

Kevin and Lisa get into a deep discussion. Kevin believes adding HOT WATER to a test tube that has baking soda will cause the substances to react faster. Lisa,
n expression is shown below. -x + 1 + 4x - 3
Which sentence in the excerpt presents a counterargument? adapted excerpt from On the Duty of Civil Disobedience by Henry David Thoreau Thoreau wrote this influ
I hate these types of problems I was never taught this stuff
Make a title about this short paragraph and write a statement that is your own opinion about this paragraph
Define values in your own interpretation.
Why do you think that people across the region practice many of the same customs?​
How do I solve for x and y?
Andrew has $550 in a savings account that earns 5% annually how much will she earn in interest in 4 years​
-4-(3) = 3+(-5) = 4+6= -5-9= -4+(-9) =​