mediaz0529 mediaz0529

01-03-2021
Mathematics

contestada

Determine the INTEREST ONLY for $4,331.00 earning 5.5% for 4 years, compounded semi-annually.

Respuesta :

emilyjarvis04owbj60 emilyjarvis04owbj60

01-03-2021

4,331 times 8 (semiannual for 4 yrs) = 34,648
34,648 + 5.5% = 36,553.64

to find interest:
36,553.64 - 34,648 = 1,905.64

THE INTEREST RATE IS $1,905.64

Answer Link

Otras preguntas

To Darwin what was central to organic evolution?

Are pain relievers stronger than depressants?

what is the first step in finding 383 divided by 30

Why did countries begin to establish colonies and trading posts? to create more space for overpopulated countries to provide raw materials that would otherwise

what is a group of people settled in a particular area who carries the same interests

Which state devised a plan which called for equal representation in Congress? a. Georgia b. Rhode Island c. South Carolina d. New Jersey

what is 30/7 as a mixed number

where is the adverb clause in he will not come unless you invite him.

Which group joined the anti-Catholic campaign against presidential candidate Al Smith? a. American Federation of Labor b. League of Women Voters c. Ku Klux Kla

whats a word phrase for 2/3y 4