zoestout247
zoestout247 zoestout247
  • 22-09-2021
  • Mathematics
contestada

What is the balance after one year on an investment of $20,000 earning 5.2% interest compounded annually?​ what is the answer​

Respuesta :

msublette037 msublette037
  • 22-09-2021

Answer:

20,000x5.2 then divide by 2 to get 3,000!

Step-by-step explanation:

20,000x5.2 then divide by 2 to get 3,000!

Answer Link

Otras preguntas

Water has the highest heat capacity of all solids and liquids. True or False
Help wpme with this chart
1. How can you recognize when a pattern in real life is linear or nonlinear? 2. What is an example of a real-life situation that is linear?
On the first of each month, Stacie runs a 5k race. She keeps track of her times to track her progress. Her time in minutes is recorded in the table: Jan 41.55 J
When did Christopher Columbus discover America?
Evaluate: 16 - 2+3 - 4
what is the value of x in the equation -2/3x +9=4/3x-3
Over the summer, Marvin mows 33 lawns. He charges $24 per lawn. Draw an area model to show how much Marvin earns mowing lawns.
A line's slope is 3, and its y-intercept is 6. What is its equation in slope-intercept form?​
PART B: Which detail from the text best supports the answer to PART A? the lottery