mdrl8112006 mdrl8112006
  • 25-03-2021
  • Mathematics
contestada

Determine the amount of an
investment if $1000 is invested at an
interest rate of 8% for 6 years

Respuesta :

Kd3oconnor
Kd3oconnor Kd3oconnor
  • 25-03-2021

Answer

480

Step-by-step explanation:

Congrats on your first question!

The investment is 480 because

(80 / 100) x 1000 = 80 x 6 = 480

The total is 1480.

Answer Link

Otras preguntas

Waupaca Company establishes a $440 petty cash fund on September 9. On September 30, the fund shows $193 in cash along with receipts for the following expenditur
what is 4x+19=7x+16?​
The Yanomamo men have been labeled as “fierce people.” Why do they fight? Explain, use examples.
Based on the net income of the shop, the sales staff at Francesca's Fashions receive performance bonuses. In periods of declining prices, which inventory costin
How did the Spanish get wealth from its new lands?
What model of representation allows representatives to act with autonomy and independence when making decisions?
(In Memoriam)The first stanza of Lyric 56 indicates that nature is .. a. indifferent b. caring c. none of the above.
Why is it possible for an amino acid to be specified by more than one kind of codon?
Which of the following does the animal cell does not possess b.vacuoles a.cell wall d.all the above c.chloroplast
Can fingerprints be lifted from human skin? If so, describe one of the techniques.