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How much interest is earned
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Which of the following describes compound interest?
) Interest earned on both principal and previous interest B) Interest earned
1 answer
16 views
Kevin earned $165 interest for 1 year on an investment of $1500. At the same rate, what amount of interest would be earned by an
0 answers
asked by
Diana
531 views
a formula for calculating simple interest is I = Pr, were I is the interest earned in dollars, P is the principal or original
1 answer
asked by
sherry
2,185 views
Jeremy opened two saving accounts at the beginning of 2010, each with an initial deposit of $4,000. Account A earned simple
1 answer
asked by
Tris
747 views
Jeremy opened two saving accounts at the beginning of 2010, each with an initial deposit of $4,000. Account A earned simple
3 answers
asked by
Tris
1,013 views
Question
$1000 is invested at 8% interest compounded annually. $80 in interest is earned in the first year. Knowing that compound
1 answer
asked by
What is most necessary for a coherent text to do?(
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$1000 is invested at 8% interest compounded annually. $80 in interest is earned in the first year. Knowing that compound
1 answer
37 views
$1000 is invested at 8% interest compounded annually. $80 in interest is earned in the first year. Knowing that compound
1 answer
31 views
1. A sum of $15,000 was invested in three funds for 1 year. At the end of the year Fund A had earned 8% interest, Fund B had
earn
1 answer
asked by
Neri
918 views
Problem #5
Business and finance. Kevin earned $165 interest for 1 year on an investment of $1500. At the same rate, what amount
0 answers
asked by
jas20
1,059 views
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