biancaraymond0531 biancaraymond0531
  • 24-12-2020
  • Mathematics
contestada

You earn 3% each year on your initial investment amount of $2000. How much interest do you earn after 2 years?

Respuesta :

pyvonix
pyvonix pyvonix
  • 24-12-2020

Answer: You earn 6% interest on that the next year.

Answer Link
rebeccaxtekle
rebeccaxtekle rebeccaxtekle
  • 24-12-2020
and 6% of 2000 is 120
Answer Link

Otras preguntas

What is 1/10 of .003=
63 = -3(1 - 2n) what does n equal?
What is the density of Neon at room temperature?
Andrea's family stopped at the gas station to get gas. At gas stations, the price of gas per gallon is given to the nearest thousandth. In order to determine ho
What would the nile river flooding be described as?
In a recent survey of 500 people, 345 said they preferred Little Ceasers to Dominoes. What Percent liked Little Caesars.
a rectangular field has a perimeter of 500m and an area of 14400m2.  Find the lengths of the sides
a ratio is a rate sometimes, always, or never true ?
which group made p the largest social class in early civilizations?
One less than half a number is 12. What is the number ?