shalamarjoe14 shalamarjoe14
  • 01-12-2020
  • Mathematics
contestada

$12597.12
EXERCISE
1. Calculate the compound interest on investing $600 for 2 years at 7% per
annu.​

Respuesta :

diya75757
diya75757 diya75757
  • 01-12-2020

Answer:

$686.94

Step-by-Step Explanation-

FORMULA ~ A= P(1+r)^n

A= 600(1+0.07)^2

A=600(1.07)^2

A=600( 1.1449)

A= $686.94

So, ya that's the ans

Answer Link

Otras preguntas

Think back to Poe’s single effect theory. What makes this story a memorable experience for the reader? Explain using specific examples from the story
Does a linear equation have no solution, one solution, or infinitely many solutions?
What is the area of the trapezoid?
A catering service offers 12 appetizers, 6 main courses, and 7 desserts. A banquet chairperson is to select 6 appetizers, 2 main courses, and 5 desserts for a b
An interjection is always A. intended to show feeling. B. followed by an exclamation point. C. preceded by preposition. D. related to another word
When aqueous solutions of __________ are mixed, a precipitate forms. select one: a. k2so4 and crcl3 b. nai and kbr c. li2co3 and csi d. koh and ba(no3)2 incorre
Bradford company budgeted 4,000 pounds of material costing $5.00 per pound to produce 2,000 units. the company actually used 4,500 pounds that cost $5.10 per po
Rachel spent $38 for dinner. This was $10 less than 3 times what she spent for a movie. How much was the movie?
When dissociated into water, what type of particles do acids release?
Gabriel is making a mixture of compost and soil to use for a special plan he wants his final mix to be two part compost to 10 parts potting soil he wants to end