dorisspears3266 dorisspears3266

24-10-2019
Mathematics

contestada

Jerome deposits 3700 in a certificate of deposit that pays 6 1/2% interest, compounded annually. How much does Jerome earn in one year

Respuesta :

Аноним Аноним

24-10-2019

Answer:

240.5.

Step-by-step explanation:

6 1/2 % = 0.065 as a fraction.

The amount after one year is given by 3700 (1 + 0.065)^1

= 3940.5

so the interest is 3940.5 - 3700

= 240.5.

Answer Link

Otras preguntas

The movement of tectonic plates in two different locations is shown below: A, Subduction may occur in both locations. B, Earthquakes may occur in both locations

a, b, c, or d?? im so bad at this dont even try me

At the beginning of the current year, trenton company inc.'s total assets were $248,000 and its total liabilities were $175,000. during the year, the company re

A client with a diagnosis of anorexia nervosa, who is in a state of starvation, is in a two-bed room. a newly admitted client will be assigned to this client's

write an equation in slope intercept form of a line satisfying the given conditions m=2/5;b=2

Kira made $391 for 17 hours of work. At the same rate, how many hours would she have to work to make $184 ?

Dave bowers collects u.s. gold coins. he has a collection of 50 50 coins. some are $10 coins, and the rest are $20 coins. if the face value of the coins is $

A strain of streptococcus pneumoniae is no longer able to synthesize its capsular polysaccharide. what is a likely outcome?

Item 7 three orders are placed at a pizza shop. two small pizzas, a liter of soda, and a salad cost $14; one small pizza, a liter of soda, and three salads cost

In deer mice, red eyes (r) is recessive to normal black eyes (r). two mice with black eyes are crossed. they produce two offspring, one with red eyes and one wi