jtapelt jtapelt
  • 26-01-2021
  • Mathematics
contestada

how long will it take a $2 000 investment to earn $544 in interest at a 1.7 interest rate

Respuesta :

Kylleo
Kylleo Kylleo
  • 26-01-2021

Answer:

16 years

Step-by-step explanation:

1.7% of 2000 is $34

$544 divided by $34 = 16 years, that is if the interest is yearly and not monthly though

Answer Link

Otras preguntas

What is the standard form of the equation of a line for which the length of the normal segment to the origin is 8 and the normal makes an angle of 120degrees wi
Two pans of water are on different burners of a stove. One pan of water is boiling vigorously, while the other is boiling gently. What can be said about the tem
which area of North America did French explorers settle first?
II-1. What type of learning describes when animal learn by watching or listening to others of their species ​
what is the value of x?
The equilibrium constant, Kc, for the following reaction is 1.29×10-2 at 600 K. COCl2(g) CO(g) + Cl2(g) Calculate the equilibrium concentrations of reactant and
Are the equations |x-3|=7 and |x|-3=7
Write a expression for this
What are the elements of a biography? A. an organizational plan, first-person point of view, a plot, and suspense B. story structure, retelling of a tale hand
idk how to do this help pls