bussbhsvssu3729 bussbhsvssu3729
  • 24-11-2021
  • Business
contestada

$14,000 is invested in an account that earns 3% interest per year. When does the balance reach $19,379.27

Respuesta :

tselmuunc tselmuunc
  • 24-11-2021

Answer: 12 and a half month

Explanation:

Because 14,000 on a 3 percent interest per year; 3 percent of 14000 is 420 so think about it, when it goes to 19,379.27 it will take about 12 years along with the interests so about 12 and a half month.

Answer Link

Otras preguntas

how can the area of a rectangle be found using multiplication?
Tom knows that, in his school. 10 out of every 85 students are left-handed. There are 391 students in Tom's school. How many students in Tom's school are left h
. When a roller coaster is at the top of a hill, it has high _________ energy. a. solar b. kinetic c. potential d. trophic
What is the purpose of enzymes? List three examples and what they do?
Which areas did the Byzantine Empire rule over at its height? How did the empire's leaders acquire that territory?
Proventil HFA (hydrofluoroalkane) can be distinguished from other inhalers by the fact that it
The tar found in tobacco is very different from the tar used on roads. True or false
suppose a firm relies exclusively on the payback method when making capital budgeting decisions, and it sets a 4-year payback regardless of economic conditions.
Roads made of wood were called Corduroy roads? T or F
What on a bird, besides it's feet, is chemically similar to scales? A. beak B. feathers C. wings