How much principal is needed to accumulate $354.60 in simple interest at 9% for 4 years?

QAmmunity.org

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question

asked Jun 21, 2017 142k views

0 votes

How much principal is needed to accumulate $354.60 in simple interest at 9% for 4 years?

Mathematics
high-school

Gwynne asked

by Gwynne

8.7k points

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

3 votes

they answer is 985 dollars

Mark Leiber answered Jun 25, 2017

by Mark Leiber

7.9k points

0 Comments

Please log in or register to add a comment.

← Prev Question Next Question →

Related questions

asked Dec 21, 2024 235k views

How much would $150 invested at 8% interest compounded continuously be worth after 17 years? Round your answer to the nearest cent. A(t) = P•e^rt A. $555.00 B. $584.43 C. $354.00 D. $471.39

Jake Henningsgaard asked Dec 21, 2024

by Jake Henningsgaard

7.9k points

Mathematics
high-school

1 answer

1 vote

235k views

asked Dec 11, 2024 101k views

Company x paid company y $2.05 million for a new plant. during the same accounting period, company x experienced the following changes in its balance sheet: cash decreased by $354,000, accounts receivable

Lorenz Albert asked Dec 11, 2024

by Lorenz Albert

8.2k points

Business
high-school

1 answer

5 votes

101k views

asked Feb 18, 2024 213k views

Assuming taxes are zero and an economy has a consumption function of c = 0.64 (yd) $859.89, ignoring price effects, by how much will GDP change if net exports change by -295.25? a) $295.25 b) $354.30 c)

TheMarko asked Feb 18, 2024

by TheMarko

8.6k points

Business
high-school

1 answer

4 votes

213k 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

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

0 Comments

Please log in or register to add a comment.

Related questions

Other Questions