Register

Javier invests $14,000 at 4% simple interest for 36 years. Round your answers to the nearest cent. How much interest is earned over the 36 year period? $ How much is in the acco…

Javier invests $14,000 at 4% simple interest for 36 years. Round your answers to the nearest cent. How much interest is earned over the 36 year period? $ How much is in the acco…
75.1k views
4 votes
Javier invests $14,000 at 4% simple interest for 36 years.

Round your answers to the nearest cent.
How much interest is earned over the 36 year period?
$
How much is in the account at the end of the 36 year period?

User John Kaster
by
7.6k points

1 Answer

4 votes

Answer:

The account will have $57,455.06

The amount earned is $43,455

Javier invests $14,000 at 4% simple interest for 36 years. Round your answers to the-example-1
User Jim Blum
by
8.3k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories

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?
Link Copied!