laila1162 laila1162
  • 24-10-2018
  • Mathematics
contestada

What would be the value of $150 after years if you earn 12 percent interest per year?

Respuesta :

MrGumby
MrGumby MrGumby
  • 24-10-2018

Answer:

If that interest is compounded yearly, the amount in the account would equal $168.

Step-by-step explanation:

To find this, we start by multiplying the principle by the percentage.

$150 *12% = $18

Now we add that number to the original principle.

$15 + $18 = $168

Answer Link

Otras preguntas

Why do rainbow appeared ib the sky after it rain?
i need help with a term paper MLA format
Write a sentence using the word stanchest
what is 9,155 rounded to the nearest hundered
Who is Joe Sugg and what is he famous for?
The handwriting in these bills and letters seem to belong to the same person or seems
What's the difference between farmers and city dwellers?
Suggest two ways parents can raise boys and girls to encourage equal power relations
What type of government does Russia have?
what is a group of people who share a common history, culture, and language called?