Mary invests 12000 in saving accounts brainly
WebStep-by-step explanation: 12000×3.5% 12000×3.5/100 12000×0.035 =420 per year need ko followers follow please tama sagot niya ano po TAMANG SAGOT nakuha ko na po value ng 12,000 at 5% thanks na lang po Advertisement heronaraojo Answer: A. P420 Step-by-step explanation: 12,000×3.5%=420 Advertisement Advertisement
Mary invests 12000 in saving accounts brainly
Did you know?
Web13 de mar. de 2024 · The value of Mary's investment after two years = £12362.7. Step-by-step explanation: P = Principal / initial amount. R = rate of interest per cent per year. T = … WebSimple Interest Formula. I = Prt. Where: P = Principal Amount. I = Interest Amount. r = Rate of Interest per year in decimal; r = R/100. R = Rate of Interest per year as a percent; R = r * 100. t = Time Periods involved. Notes: Base formula, written as I = Prt or I = P × r × t where rate r and time t should be in the same time units such as ...
WebMary invests £12000 in a savings account the account pays 1.5% compound interest per year work out the value of her investment after 2 years? In order to find the amount of … WebMary invests £12000 in a savings account. The account pays 1.5% compound interest per year. Work out the value of her investment after 2 years. Question. …
WebQuestion 900632: You invested $12,000 in two accounts paying 6% and 8% annual interest, respectively. If the total interest earned for the year was $880, how much was invested at each rate? Found 2 solutions by mananth, richwmiller: Answer by mananth (16152) ( Show Source ): You can put this solution on YOUR website! WebHow much will an investment of $12,000 be worth in the future? Initial Investment Yearly Deposits Interest Rate Years Invested Results At the end of 20 years, your savings will have grown to $38,486. You will have earned in $26,486 in interest. How much will savings of $12,000 grow over time with interest?
Web8 de jun. de 2024 · Mary invests £12000 in a savings account the account pays 1.5% compound interest per year Work out the value of her investment after 2 years PLEASE …
WebAdam invested $12,000 in a six-year CD that paid 7.1% interest, but later needed to withdraw $2,500 early. If the CD's penalty for early withdrawal was eighteen months' worth of interest on the amount withdrawn, how much of a penalty did Adam pay? a. $138.89 b. $177.50 c. $266.25 d. $319.50 (C) $266.25 crater rim wineWeb8 de feb. de 2024 · answered. Sally invests £8000 in a saving in a savings account. the account pays 2.8% compound interest per year. Work out the value of her investment … crater rd vet hospitalWebPossible Answers: Correct answer: Explanation: Use the compound interest formula substituting (principal, or amount invested), (decimal equivalent of the 8% interest rate), (four quarters per year), (one year). Subtract 9,000 from this figure - the interest earned is $741.89 Report an Error Example Question #6 : Calculating Compound Interest dizzy llc somersworth nhWebThis calculator can be used to solve various types of simple interest problems. The calculator will print easy to understand step-by-step explanation . problem You deposit some money into a bank account paying 2% simple interest per 6 months . You received $15 in interest after 9 months . How much the deposit (principal) was? solution crater regional planning districtWeb19 de abr. de 2024 · David invests $10,000 in a savings account that pays 3.5% simple interest. If David makes no withdrawals or deposits to the account, how much will be in the account after 7 years. a. P 2,450 b. P12, 450 c. P13,450 O d. P 14,450 Advertisement Answer 6 people found it helpful lexabcd Answer: B Step-by-step explanation: dizzy light headed tired nauseaWebMary invests £12,000 in a savings account the account pays 1.5% compound interest per year dizzy light headed weak shakyThe value of Mary's investment after two years = £12362.7. Step-by-step explanation: P = Principal / initial amount. R = rate of interest per cent per year. T = number of years. A = final amount at the end of T years. Then: A = P*(1 + R/100)^2. In our example: P = £12000. R = 1.5 per cent per year. T = 2 years. Thus: A = 12000*(1 ... dizzy light headed shaky