brookelovesyell121 brookelovesyell121

03-05-2018
Mathematics

contestada

Assume 20,000 is borrowed for 14 years at 8.5% interested compouinded annually

Respuesta :

TheBreeze TheBreeze

08-05-2018

To solve for one year:
20000 + 0.085(20000)
For 14 years:
20000 + 14(0.085(20000))
20000 + 1.19(20000)
To make it similar:
2.19(20000) = 43800
You now have 43800 dollars, and gained $23800

Answer Link

Otras preguntas

you have a full cylindrical glass of water that stands 8 inches tall and has a radius of 1.5 inches .if you pour the water into a larger cylindrical glass that

What is the coefficient of y in the expression 12+3y-2x?

The neolithic revolution is most closely associated with....

Which of the following rivers is the world's busiest waterway ?

The base of right prism is rhombus of diagonal is 6 and 8cm and altitude is 12 cm find total surface area

The circumference of a circle is 6.28.What is the area of the circle?

What is the lateral area of the rectangular prism with a base length of 17 m, a base width of 7 m, and a height of 5 m?

How do u write 6 more the 7 times a number is 41 in algebraic equation??

The Radius of a sphere is 5 feet. find the area of the great circle of this sphere

If 2 less than or equal too X less than or equal too 6, which of the following has the greatest value