menu
QAmmunity.org
Login
Register
My account
Edit my Profile
Private messages
My favorites
Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question
QUICK ONE! $565 is invested in an account which pays 8% compound interest, calculated annually ii)How much interest will be earned in 6 years?
asked
Mar 1, 2021
60.8k
views
3
votes
QUICK ONE! $565 is invested in an account which pays 8% compound interest, calculated annually ii)How much interest will be earned in 6 years?
Business
college
Doug Sjoquist
asked
by
Doug Sjoquist
8.2k
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
3
votes
Answer:
Step-by-step explanation
565(1+0,08)^(6) = 896,58
Jiayin
answered
Mar 6, 2021
by
Jiayin
8.8k
points
ask related question
comment
share this
0 Comments
Please
log in
or
register
to add a comment.
← Prev Question
Next Question →
Related questions
asked
Jul 28, 2020
19.5k
views
If $1,120 is invested at an interest rate of 15% per year and is compounded continuously, how much will the investment be worth in 7 years? Use the continuous compound interest formula: A = Pert. $565.
WCMC
asked
Jul 28, 2020
by
WCMC
7.7k
points
Mathematics
middle-school
2
answers
1
vote
19.5k
views
asked
Sep 1, 2024
13.5k
views
Deposits of $109.00 are made at the end of every year for 5 years. What will the deposits amount to if the interest is 7% compounded annually? a) $606.62 b) $565.88 c) $587.77 d) $628.51
Boris Stitnicky
asked
Sep 1, 2024
by
Boris Stitnicky
8.1k
points
Mathematics
high-school
1
answer
5
votes
13.5k
views
asked
Feb 25, 2020
99.7k
views
Winrow Company received proceeds of $565,500 on 10year, 8% bonds issued on January 1, 2013. The bonds had a face value of $600,000, pay interest annually on December 31st, and have a call price of 101.
Tendrid
asked
Feb 25, 2020
by
Tendrid
8.2k
points
Business
college
1
answer
3
votes
99.7k
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
Other Questions
Who was Adam Smith ? Anybody?
What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is meant by data mining ?
What is the best way to describe a stock market?
Twitter
WhatsApp
Facebook
Reddit
LinkedIn
Email
Link Copied!
Copy
Search QAmmunity.org