Chuck puts $900,000 into an account that earns 5% APR compounded annually how much money will chuck earn each year in interest

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asked Nov 28, 2020 114k views

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Chuck puts $900,000 into an account that earns 5% APR compounded annually how much money will chuck earn each year in interest

Mathematics
middle-school

JRiggles asked

by JRiggles

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2 Answers

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Answer: the answer is $ 45,000 APEX

Gluck answered Nov 28, 2020

by Gluck

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4 votes

Answer:

45,000

Explanation:

Apex is the source

Jeff Ogata answered Dec 2, 2020

by Jeff Ogata

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Chuck obtained a mortgage of $90,000 to finance a $120,000 home. The title search will be $400, appraisal fee $500, application fee $900, and he will pay 1% origination fee. How much are his closing costs?

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