08-01-2019
Mathematics

contestada

You invest $12,000 at 3.8% annual interest compounded annually. * How long does it take for you to have $28,000?

Respuesta :

devineredd52 devineredd52

08-01-2019

Answer:

It will take you 2 years.

Step-by-step explanation:

12,000 times 2 is 24,000. It could be 2 in a half years, or 3 years. You cant or dont wanna go over 28,000.

Answer Link

Otras preguntas

how do i write a word problem for $3.00 divided by $0.25

find the buying price of each of the following when 5% sales tax is added on the purchase of;1. a pillow for RS. 60 2. two bars of soap at RS.25 each

What was the columbian exchange?

What property justifies the following statement?If 4x+6=20, then 4x=14.

What number is 30% of 68?

How is 0.00025 written in scientific notation

What is the process of learning to live without drugs called?

During energy transformations, sometimes energy is destroyed.is that true or false

An investment of $2000 in a bank account doubles every five years. The function that models the growth of this investment is f(x)=2000•2^x, where x is the numbe

An investment of $2000 in a bank account doubles every five years. The function that models the growth of this investment is f(x)=2000•2^x, where x is the numbe