martijoh8403 martijoh8403
  • 03-06-2022
  • Mathematics
contestada

A sum of 2500$ is invested in a saving account which pays interest at a rate of 7 per year compounded annually. if the amount is kept on deposit for 15 year's, what will the compound amount equal? how much interest will be earned during the 15 years?

Respuesta :

abderrahimouloud abderrahimouloud
  • 03-06-2022

Answer:

Step-by-step explanation:

2500( 7 years )

????? (15 years )

15*2500=37 500

Answer Link

Otras preguntas

You should avoid techniques like “framing” or the rule of thirds when photographing animals.
What is the first thing you should do when making an individual decision
Select the point that satisfies y ≤ x2 - 5x + 6. A. (1,1) B. (4,4) C. (2,2) D. (3,3)
Which tool can capture the packets transmitted between systems over a network?
least common denominator
whis is the oppossite of sloppily
What should the following documents was important to convince in the American colonist to break away from Britain
Simplify (√3)(5√3) A 3 1/10 B 3 3/5 C 3 9/10 D 3 7/10
While two forces act on it, a particle is to move at the constant velocity = (2.15 m/s) - (-4.16 m/s). one of the forces is 1 = (2.09 n) + (-6.18 n). what is th
What can you conclude about parallel lines with the regard to the distance between them?