mariecrystalnandoh mariecrystalnandoh
  • 08-06-2021
  • Health
contestada

Diane invests $ 500 for 6 years at an annual interest rate of 4% compounded annually.

What is the amount of this investment after 6 years

Respuesta :

gyimahnancy19 gyimahnancy19
  • 08-06-2021

Answer:

120

Explanation:

Interest = P*r*t

I = ?

P = 500

r =  4%; 4/100 = 0.04

t = 6

I = 500(0.04)(6)

I = 120

Answer Link

Otras preguntas

Which of the following actions were tactics used by companies to stop unions?
carl received 2/5 of the votes, Gilda received 10% of the votes, and Conroy received 1/4 of the votes. if Kyla received all of the remaining votes, what percent
any three distinctive points are _____ collinear
An automobile 16 ft long; 1 inch:6 inches
how do I solve question 18
solve the following problems using the area model support the area model with long division or the distributive property. 42÷3
After a procedure has been completed, what questions can be asked to help evaluate the results? Check all that apply. When should this procedure be performed ag
What is the "Da Vinci gode" book about? Write A short summary
John's dog slept for 3 hours. If the dog slept 1/3 of every hour, how many times did he snore?
Es imposible que los animales ________ sin agua. A. viven B. vivirán C. vivan D. vivir (Fill in the blank.)