Mathematics

Devin Wise

5 August, 20:23

You decide to put 100.00 in a savings account to save for a 3000.00 down payment on a new car. If the account has an interest rate of 2% per year compounded monthly, how long will it take to earn 3000.00 without depositing additional funds?

+2

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question ✅ “You decide to put 100.00 in a savings account to save for a 3000.00 down payment on a new car. If the account has an interest rate of 2% ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.

Search for Other Answers

You Might be Interested in

What is the difference between - 6.2 and - 9.1 on a number line

7lbs. For 4 people unit rate is

Aarons $24 per hour painting houses if he works 263 hours how much will Raul earn in all

If each person takes up 2.25 square feet of space, how many people can fit into an area that is 15 feet by 30 feet? A) 17 B) 40 C) 88 D) 200

C is the center of the circle. Find the length of OPR. A. S = 23.55 B. s = 47.10 C. S = 70.65 D. S = 141.30

New Questions in Mathematics

Calvin builds a form for a new cement step. The form he builds is 35 1/2in. Long, 20 in. Deep, and 6 in. High. How much cementis needed to fll the form?

My dog weighed 60 lbs and lost 25%of his weight. How much did he lose?

A bar graph shows that sports books received 9 votes. If that scale is 0 to 20 by twos, where should the bar end for the sports books?

Ms. Burns needs 6 cups of cream to make ice cream. Cream is sold in pints. How many pints of cream does she need to make the ice cream?

Use the function rule to find the amount of profit made if 55 tickets are sold