Register
Stanley has $13,800 in a savings account that earns 14% annually. The interest is not compounded. How much will he have in total in 6 months?
167k views
1 vote
Stanley has $13,800 in a savings account that earns 14% annually. The interest is not

compounded. How much will he have in total in 6 months?

User Llighterr
by
7.6k points

1 Answer

1 vote

Answer:

$14,766.00

Explanation:

Interest = principle x rate x time

I = 13800 (.14)(.5)

I = 966

Total:

Principle plus interest

13800 + 966 = 14,766

Helping in the name of Jesus.

User J S
by
8.1k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.1m 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?
A dealer sells a certain type of chair and a table for $40. He also sells the same sort of table and a desk for $83 or a chair and a desk for $77. Find the price of a chair, table, and of a desk.
Link Copied!