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

What movement tried to end racial discrimination?

What ocean is on the West Coast of the United States?

Given the balanced ionic equation: 3Pb2+ + 2Cr ==> 3Pb + 2Cr3+ What is the number of moles of electrons gained by 3.0 moles of lead ions? (1) 5.0 mol (3)

is the planet Uranus surface rocky or flat?

What is the approximate height of the average adult in centimeters?

the sum of two integers is -1. the product of the integers is -72 find the integers.

What does the judicial branch do?

Given the balanced ionic equation: 3Pb2+ + 2Cr ==> 3Pb + 2Cr3+ What is the number of moles of electrons gained by 3.0 moles of lead ions? (1) 5.0 mol (3)

We elect a President for how many years?

In an oxidation-reduction reaction, the number of electrons lost is (1) equal to the number of electrons gained (2) equal to the number of protons gained (3) le