Register
Find the interest earned: $11,500 for 3.5 years at 7.25% annual simple interest
34.0k views
4 votes
Find the interest earned:

$11,500 for 3.5 years at 7.25% annual simple interest

User Davin
by
8.7k points

1 Answer

2 votes

Answer:

Future Value, using...

Simple Interest: $

14,418.13

Annually Compounded Interest: $

14,692.25

Explanation:

User Kalvin Klien
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.

9.3m questions

12.0m 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?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Link Copied!