Register
What is the interest earned on 12,000$ that is invested for 6 years at 4% interest?
98.0k views
22 votes
What is the interest earned on 12,000$ that is invested for 6 years at 4% interest?

User Whiteulver
by
6.4k points

1 Answer

4 votes

Answer:

10 years of compounding, you would have earned a total of $513 in interest.

Explanation:

User Marcus Estes
by
5.5k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.5m questions

8.7m answers

Other Questions

What is the least common denominator of the four fractions 20 7/10 20 3/4 18 9/10 20 18/25
What is 0.12 expressed as a fraction in simplest form
Solve using square root or factoring method plz help!!!!.....must click on pic to see the whole problem
What is the initial value and what does it represent? $4, the cost per item $4, the cost of the catalog $6, the cost per item $6, the cost of the catalog?
What is distributive property ?
Link Copied!