Saturday

December 20, 2014

December 20, 2014

Posted by **Tom** on Saturday, June 22, 2013 at 10:16am.

- math -
**Henry**, Sunday, June 23, 2013 at 8:46pmP = Po + Po*r*t = 2600

2000 + 2000*(0.06/360)t = 2600

2000 + t/3 = 2600

t/3 = 2600-2000 = 600

t = 1800 Days.

t = 1800Days / 360Days/yr. = 5 Yrs.

Ordinary int. is based on 360 days/yr.

**Answer this Question**

**Related Questions**

math - Alicia Eastman deposited $2,000 in a savings account at the Biltmore Bank...

math - Alicia Eastman deposited $2,000 in a savings account at the Biltmore Bank...

math - Alicia Eastman deposited $2,000 in a savings account at the Biltmore Bank...

Business Math - Alicia Eastman deposited $2,000 in a savings account at the ...

Business Math - Alicia Eastman deposited $2,000 in a savings account at the ...

Math - (a) Themba wants to deposit a sum of money into a savings account so that...

Business math - Alicia deposited $2000 into saving. The bank pays 6% ordinary ...

algebra HELP ASAP - If $13,000 is deposited in a bank account paying 6% ...

math - If $5,600 is deposited into an account paying 5% interest compounded ...

Math - If you deposit P dollars into a bank account paying an annual interest ...