menu
QAmmunity.org
Login
Register
My account
Edit my Profile
Private messages
My favorites
Register
Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question
Determine the INTEREST ONLY for $4,331.00 earning 5.5% for 4 years, compounded semi-annually.
asked
Nov 11, 2022
69.9k
views
5
votes
Determine the INTEREST ONLY for $4,331.00 earning 5.5% for 4 years, compounded semi-annually.
Mathematics
high-school
Suada
asked
by
Suada
6.5k
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
8
votes
4,331 times 8 (semiannual for 4 yrs) = 34,648
34,648 + 5.5% = 36,553.64
to find interest:
36,553.64 - 34,648 = 1,905.64
THE INTEREST RATE IS $1,905.64
Chichilatte
answered
Nov 15, 2022
by
Chichilatte
6.7k
points
ask related question
comment
share this
0 Comments
Please
log in
or
register
to add a comment.
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.
7.5m
questions
10.1m
answers
Other Questions
How do you estimate of 4 5/8 X 1/3
Write words to match the expression. 24- ( 6+3)
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.
Please solve the following equation. x-6x=56
whats the most accurate estimation of 65+77
Twitter
WhatsApp
Facebook
Reddit
LinkedIn
Email
Link Copied!
Copy
Search QAmmunity.org