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

Why do scientist sometimes discard theories? A - the steps Scientific met that were not followed in order B- public opinion disagrees with the theory C- t

the reciprocal of 1/50 is?

Who was the 21st president of the united states?

my italian uncle is married to an australian physicist from the south. how many errors in capitalization does this sentence contain?

what is the y-intercept of the function f(x) = –2/9x 1/3

Which of these causes the lower mantle to remain solid despite high temperatures? a. salinity b. density c. pressure d. chemical composition

Successful leaders allow others to take risks. please select the best answer from the choices provided. t f

–10z – 28z a. 38z b. –38z c. 18 d. 18z

Which of these words best conveys a connotation of power? a. mentor b. dictator c. leader d. teacher

a company pays $379.50 for its employees to attend a luncheon. if the cost is $8.25 per person, how many employees does the company have?