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

what was the purpose of the articles of confederation?

What is the product of 4 2/3 and 11 1/4? A. 8 3/7 B. 52 1/2 C. 44 2/12 D. 56/135

How many integers less than one billion are very round numbers

Summary- In what ways is Islam a way of life as well as a set of beliefs?

Maria is selling toys an flowers.The toys cost $12 an the flowers cost $10. She needs to make at least $300.

What is the answer for N+4=6

What is the main difference between socialism and capitalism?

English is not a phonetic language. True False

when did the holocaust end

Explain how you would order from least to greatest three numbers that include a positive number, a negative number, and zero.