smellykat smellykat

19-04-2017
Mathematics

contestada

Kaiden deposited $6200 into a savings account for which interest is compounded weekly at a rate of 2.77%. How much interest will he earn after 8 years?

A. $1537.59
B. $1373.92
C. $201.31
D. $174.09

Respuesta :

TimmyThick TimmyThick

19-04-2017

The answer is actually $71,443.84 since 6200×2.77%= 171.74 and 171.74×(8×52)= 71443.84

Answer Link

ACCESS MORE

Otras preguntas

The sum of the first ten terms of an arithmetic Progression is 400. If the sum of the first 6terms of the same series is 120, find the 15th term.

Make a table of values for f(x) after the given translation 3 units up

1. Why did president Hoover call for an investigation into manipulative stock practices by the senate banking committee in early 1932? 2. Are these hearings goo

Which is a possible benefit of having a good credit history? getting a high interest rate on a credit card offer obtaining a low interest rate on a loan obtaini

In 1910, MOST of the world's population

What is the main source of conflict in the Tower of Babel?

evaluate :5+1/6(-5/3)

The 14th and 15th Amendments protected African Americans' right to citizenship and the right to vote. Which is true of how Southern States responded to the 14t

Simplify to create an equivalent expression6(7-3y)+6(y+1)

The base diameter and the height of a cone are both equal toX units. Which expression represents the volume of the cone, in cubic units?