biancaraymond0531 biancaraymond0531
  • 24-12-2020
  • Mathematics
contestada

You earn 3% each year on your initial investment amount of $2000. How much interest do you earn after 2 years?

Respuesta :

pyvonix
pyvonix pyvonix
  • 24-12-2020

Answer: You earn 6% interest on that the next year.

Answer Link
rebeccaxtekle
rebeccaxtekle rebeccaxtekle
  • 24-12-2020
and 6% of 2000 is 120
Answer Link

Otras preguntas

Simplify i^89 in terms of complex numbers
What is the simplest form of 2/10?
Write 59 sixths as an improper fraction
Substitution methode: y=2x-5 4x-y=7 I thought you do it like this: 4x-2x-5=7 2x-5=7 2x=12 x=6 But that's not right.. What did I do wrong?
2x plus 4 less than or equal to 24 = what?
Explain why a solution can have many solutes, but only one solvent.
factor completely 1000+27y^3
why do we know so little about primitive tribes
If a jar of honey sits for a long time, sugar may crystallize in the jar. Describe two possible causes for the crystallization.
if a golf ball and bowling ball are moving and both have the same kinetic energy. Which one moving faster? If they move at the same speed, which one has more ki