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

If the average price of a new one-family home is $246,300 with a standard deviation $15,000, find the minimum price of the houses that a contractor will build t

Does the data in each table represent a linear function? If so write the function rule.

Two identical freight cars roll without friction (one at 1 m/s, the other at 2 m/s) toward each other on a level track. They collide, couple together, and roll

An animal study is being conducted to determine the effect of vitamin C on the incidence of common cold. The researcher gives one group of rats the vitamin C pi

Do you know what European countries had colonies in Africa south of the Sahara?

plzz help it is timed will give brainiest gives 50 points

A proportion is an equation that states two _are equal. O expressions o variables numbers O ratlos

What must be true for lines a and b to be parallel lines? Select four options See the pic plz

Español Amy received a $90 gift card for a coffee store. She used it in buying some coffee that cost $8.64 per pound. After buying the coffee, she had $55.44 l

Suppose you perform a titration of a diprotic acid and you determine the following information: pH at first equivalence point: 4.36 pH at second equivalence poi