NikkiZoeller
NikkiZoeller NikkiZoeller
  • 26-01-2018
  • Mathematics
contestada

You put $201 into a investment at 9% for four years. What will be the balance be at the end of four years??

Respuesta :

natenut2006
natenut2006 natenut2006
  • 07-02-2018
Depends if it is compounding interest or not. But assuming it is:

$201 x .09  = 18.09 (interest) = $219.09 (year 1)
$219.09 x .09 = 19.72 (interest) = $238.81 (year 2)
$238.81 x .09 = 21.49 (interest) = $260.30 (year 3)
$260.30 x .09 = 23.43 (interest) = $283.73 (year 4)
Answer Link

Otras preguntas

how can I use the word poll in a sentence
A slide has an angle of elevation of 25°. It is 60 feet from the end of the slide to the stairway beneath the top of the slide. About how long is the slide?
Chickasaws and cherokees both succeeded in.............
What does x equal if 2.3-5x=3x-5.7 and can you please explain how to do this thanks?
4(x-3)+7-10x=5 what is the value of x
In the sentence You may have an apple or an orange but you can't have both . Where would the commas be ?
A telephone pole breaks and falls as shown. To the nearest foot, what was the original height of the pole?
3m(2m+9)=0 what is the factor of m
2x=160, can you help me with this, and show steps?
What is your rate in miles/hour if you run at a speed of 2.2 miles in 20 minutes?