24-03-2021
Mathematics

contestada

Alex has $50,000 to invest in a simple interest account that earns 6.5% annual interest. If Alex wants to withdraw the money after 15 years, how much would she be able to withdraw?

Respuesta :

etc122407 etc122407

24-03-2021

Answer:

$98,750

Step-by-step explanation:

6.5% = 0.065

50,000 x 0.065 = 3250.

3250 x 15 = 48,750

50,000 + 48,750 = $98,750

Answer Link

Otras preguntas

What is a good time

After a strong storm, a worker does not realize that a power transmission line has fallen on his car and is electrocuted while opening the car door. What is thi

While studying a 100 square mile area of jungle, a researcher finds 50 monkeys. Predict how many monkeys might inhabit a 1,500 square mile jungle.

The radius of a circle is 7.9 cm. Find the circumference to the nearest tenth.

Briefly explain the process of ammonification.

Which character in Shakespeare's Julius Caesar must decide whether or not to join the conspiracy to kill his friend Caesar? Octavius Mark Antony Brutus Lepidus

please help me i dont have any points and use laws of exponentS

Why the photo of the military and ww1 is significant

Which is the most logical inference to put in the last column

Preparing ancient Egyptian rulers for death was called?