Gustaborn Gustaborn
  • 01-05-2017
  • Mathematics
contestada

Lizbeth deposited $6200 into a savings account for which interest is compounded monthly at a rate of 2.37%. How much interest will she earn after 8 years?

Respuesta :

rimelmourad rimelmourad
  • 01-05-2017
do 2.37/100 times $6200 but make sure you divide 100 by $6200 which is 62 times 2.37=146.94
Answer Link

Otras preguntas

Which act made it illegal to trade with any country but England? Stamp Act Navigation Acts Townshend Acts Intolerable Acts
Which of the following is the primary responsibility or focus of a medical doctor (m. d.)? a. treat patients' symptoms b. perform surgery on patients c. trea
What is the purpose of analyzing a play?
14. Rationalize the denominator and simplify: √5m/√5n
Although most economic contractions or recessions last sixteen months, the most recent recessionary period referred to as the great recession lasted _____. twen
Why is rna synthesis not as carefully monitored for errors as is dna synthesis?
What is the function of estrogen
I need to explain how to use partial quotients to divide 235 by 5
Initially, settlers in Maryland could elect a representative assembly, but they could not
What is 1/3÷5/6?????