menu
QAmmunity.org
Login
Register
My account
Edit my Profile
Private messages
My favorites
Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question
You want to put $2,500 in a simple interest account. It has a 4% annual interest rate. How long must you invest that money to earn $500 in iterest?
asked
Nov 28, 2022
73.6k
views
10
votes
You want to put $2,500 in a simple interest account. It has a 4% annual interest rate. How long must you invest that money to earn $500 in iterest?
Mathematics
high-school
Jozef
asked
by
Jozef
8.5k
points
answer
comment
share this
share
0 Comments
Please
log in
or
register
to add a comment.
Please
log in
or
register
to answer this question.
1
Answer
4
votes
Answer:
5 years
Explanation:
2500 x 0.04 = 100
500/100 = 5
Rkt
answered
Dec 3, 2022
by
Rkt
8.0k
points
ask related question
comment
share this
0 Comments
Please
log in
or
register
to add a comment.
← Prev Question
Next Question →
Related questions
asked
Mar 16, 2018
78.5k
views
Which type of bank account typically offers no iterest? A.Savings B.Money Market C.Certificate of Deposit D.Checking
Nemanja Cucurevic
asked
Mar 16, 2018
by
Nemanja Cucurevic
7.9k
points
Computers and Technology
high-school
2
answers
0
votes
78.5k
views
asked
May 11, 2019
122k
views
If you wish to have $60,000 in 8 years how much do you have to deposit in the bank if the accoun pays an iterest of 9%
Oillio
asked
May 11, 2019
by
Oillio
7.9k
points
Mathematics
middle-school
1
answer
5
votes
122k
views
asked
Dec 4, 2021
18.0k
views
On January 1, 2017, Taggart Sales issued $18.000 in bonds for $18,800. These are eight - year bonds with a stated iterest rate of 9% that pay semiannual interest. Taggart Sales uses the staight - line
SaschaP
asked
Dec 4, 2021
by
SaschaP
8.0k
points
Business
college
1
answer
2
votes
18.0k
views
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.
9.5m
questions
12.2m
answers
Other Questions
How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement how thick must the cement be to cover field
Twitter
WhatsApp
Facebook
Reddit
LinkedIn
Email
Link Copied!
Copy
Search QAmmunity.org