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

Which of the following best describes a mandate? A. Set of beliefs about how the world ought to be B. An official order to take authorized action C. Person in c

Six is less than or equal to the sum of 4 and -2x

place the levels of organization from smallest to largest , with smallest listed first.

Define performing at arts

Please solve this problem. I can't solve it! And can someone explain how to do it please??

Can someone help me with this and explain how you got it?

Write the equation of the line in fully simplified slope-intercept form.

Thomas a French student in Senegal is rude to his friend by not greeting him appropriately which of the following greetings would be appropriate in Senegal

What is angle EFG? I need help nowww

Find three consecutive odd numbers such that the sum of five times the smaller number and twic the larger number is 33 more than six times the median number