menu
QAmmunity.org
Login
Register
My account
Edit my Profile
Private messages
My favorites
Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question
If 18000 is put aside in a money market account with interest reinvested monthly at 2.3% find the time required for the account to earn $2,000
asked
Jun 26, 2019
121k
views
2
votes
If 18000 is put aside in a money market account with interest reinvested monthly at 2.3% find the time required for the account to earn $2,000
Mathematics
middle-school
Altandogan
asked
by
Altandogan
8.4k
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
6
votes
I think the answer is 326.28. (don't know for sure tho)
Andrei Chis
answered
Jul 3, 2019
by
Andrei Chis
8.1k
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
Sep 24, 2024
12.7k
views
9 years ago Mary purchased shares in a certain mutual fund at Net Asset Value (NAV) of $60. She reinvested her dividends into the fund, and today she has 8.3% more shares than when she started. If the
Scott Simontis
asked
Sep 24, 2024
by
Scott Simontis
7.9k
points
Business
high-school
1
answer
1
vote
12.7k
views
asked
Jul 2, 2024
93.0k
views
Three years ago, Jack purchased a $5,600, 3% compounded annually, 5-year CD with all interest reinvested. Suppose interest rates on 2-year CDs are now 4%. If there is a 12-month interest penalty on the
Gianluigi
asked
Jul 2, 2024
by
Gianluigi
8.6k
points
Business
high-school
1
answer
5
votes
93.0k
views
asked
Nov 18, 2019
75.9k
views
Vanessa wants to buy a CD for $500 that earns 3% APR and is compounded quarterly. The CD matures in 2 years. Her interest earned will not be reinvested in the CD. What will Vanessa's total interest earned
Carry
asked
Nov 18, 2019
by
Carry
8.3k
points
Mathematics
high-school
1
answer
3
votes
75.9k
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?
Write words to match the expression. 24- ( 6+3)
Twitter
WhatsApp
Facebook
Reddit
LinkedIn
Email
Link Copied!
Copy
Search QAmmunity.org