Register
What is the total amount and the amount of interest earned on $5,000 at 8% for 20 years?
159k views
5 votes
What is the total amount and the amount of interest earned on $5,000 at 8% for 20 years?

User Carlos Barbosa
by
7.9k points

1 Answer

4 votes

Answer:

final balance = 24,634.02

compound interest = 19,634.02

Step-by-step explanation: not my answer

User Benjie
by
7.5k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

8.8m questions

11.4m answers

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?
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
Write words to match the expression. 24- ( 6+3)
Link Copied!