marcuswilfrid19 marcuswilfrid19
  • 22-05-2020
  • Mathematics
contestada

You open a savings account with $800. They offer a 2%
rate of return. How long will it take you to earn $100 in
interest?​

Respuesta :

ScienceExp2050 ScienceExp2050
  • 22-05-2020

Answer:

Every time interest is compounded, you earn $16.

Step-by-step explanation:

If it is simple interest, it would be approx. 6-7 cycles.

Answer Link

Otras preguntas

A garden table and a bench cost $717 combined. The garden table costs $67 more than the bench. What is the cost of the bench?
who translated the bible into different langues
does the speaker of Mending Wall feel empathy for his neighbor​
State the different radiations emitted by radioactive elements.
Compare and contrast the pathways to independence taken by the United States, Canada, and various Latin American nations. Need this ASAP please
Calculator is an example ofcomputerA. analogueB. hybridC. manualD. digitalE. public​
could someone explain how to figure this out (marking brainliest to the most helpful answer) I will report fakes.
transmits data wirelessly via infrared (IR) light waves. As O A. RFID B. Ethernet O C. Bluetooth D. IrDA Reset Selection
answer 3 blanks please super easy geometry rack up those points
find the value of trigonometric ratio​