Questions LLC
Login
or
Sign Up
Ask a New Question
Math
Algebra
5670 compounded annually at a 3.5 interest rate once a year yields what in interest
1 answer
Calculate 5670 + 3.5% = 198.45
$198.45 + 5670 = $5865.45
Hope this helps.
You can
ask a new question
or
answer this question
.
Similar Questions
Charles needs a $10,000 loan in order to buy a car. Which loan option would allow him to pay the LEAST in interest?
Responses A A
Top answer:
To determine which loan option would allow Charles to pay the least in interest, we need to
Read more.
What are the compound amount and interest at the end of three years if bire 10,000 borrowed at annually interest rate of 8% A
Top answer:
To find the compound amount and interest at the end of three years, we'll use the formula: A = P(1 +
Read more.
Dweezle has 3,500 to invest. he places part of the amount in a stock option that yields 5% interest annually and the rest in a
Top answer:
If $x is at 8%, then the rest (3500-x) is at 5%. So, .08x + .05(3500-x) = 238 Now just solve for x.
Read more.
Deana invests some money that earns interest compounded annually. At the end of the first year, she earns $400 in interest. At
Top answer:
Iu
Read more.
Roman saves $500 each year in an account earning interest at an annual rate of 4% compounded annually. How much interest will
Top answer:
if you'd show your work, we could tell whether you were confused or not. After 3 years, Roman would
Read more.
When investing money that is compounded annually, which of the following options will earn the most of interest per year?
a.
Top answer:
To determine which option will earn the most interest per year, we can calculate the compound
Read more.
When investing money that is compounded annually, which of the following options will earn the most of interest per year?
a.
Top answer:
To determine which option will earn the most interest per year when compounded annually, we need to
Read more.
When investing money that is compounded annually, which of the following options will earn the most of interest per year?
a.
Top answer:
To determine which option will earn the most interest per year, we need to calculate the compound
Read more.
find the difference in financial gains when $3200 is invested for eight years with an interest rate of 4.5% for both simple
Top answer:
To find the difference in financial gains between simple interest and compound interest when $3200
Read more.
Given the equation A=250(1.1)t, you can determine that the interest is compounded annually and the interest rate is 10%. Suppose
Top answer:
The answer to this problem is 9.6
Read more.
Related Questions
If the interest on a sum is compounded quarterly, which of the following is necessarily true? a) The effective rate of interest
If 3000 dollars is invested in a bank account at an interest rate of 9 per cent per year, find the amount in the bank after 5
A SUM OF MONEY IS KEPT IN A BANK AT 8% INTEREST COMPOUNDED ANNUALLY.HAD THE INTEREST BEEN AT 10% COMPOUNDED SEMI ANNUALLY THE
If 3000 dollars is invested in a bank account at an interest rate of 6 per cent per year, find the amount in the bank after 12
If 8000 dollars is invested in a bank account at an interest rate of 10 per cent per year, find the amount in the bank after 11
If 7000 dollars is invested in a bank account at an interest rate of 7 per cent per year.
A) Find the amount in the bank after 6
Find the difference in financial gains when $3,200 is invested for 8 years with an interest rate of 4.5% for both simple
Serenity wants to invest $25,000 of her savings for her retirement fund. Determine the difference in interest earnings between a
Interest Rates Quick Check
1 of 31 of 3 Items Feature CAR FINANCING FOR LESS 2-YEAR TERM UP TO $40,000 6% COMPOUNDED ANNUALLY
An investment of $2500 accumulates at 6% p.a compounded semi annually for 3 years. At that time, the interest rate is changed to