Register

According to the table , if you add $50.00 to this account every year , what effect will it have on the interest rate

According to the table , if you add $50.00 to this account every year , what effect will it have on the interest rate
227k views
3 votes
According to the table , if you add $50.00 to this account every year , what effect will it have on the interest rate

User Nasmi Sabeer
by
8.1k points

2 Answers

5 votes
do you have the table to go with this?

User Webrsk
by
8.1k points
2 votes

Answer:

The interest rate will stay the same. Deposits have no effect on interest rate.

User Giuseppe Garassino
by
7.7k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
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?
Link Copied!