Over the last 4 years, Micheal has earned $240 interest on an initial investment of 2,000. What simple annual interest rate in the bank paying on this account?
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Over the last 4 years, Micheal has earned $240 interest on an initial investment of 2,000. What simple annual interest rate in the bank ...” 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
Roxy has some necklaces. Kelly has 4 times more rings than Roxy. Together they have 35. How many necklaces does Roxy have?
Answers (1)
The cost of a movie ticket is increased by 15%. The old price was five dollars how much are they now?
Answers (1)
6^4•6^4 as a single power
Answers (2)
Given h (x) = -2x+5, find h (-6)
Answers (1)
Calculate the total budget and then fill in the missing percentages (to the nearest tenth). Item $ % Contributions $175.76
Answers (1)
New Questions in Mathematics
If you double a number and then add 1616 , you get two fifths 2 5 of the original number. what is the original number?
Answers (1)
B. Contains (-3, - 2) and has slope 3
Answers (1)
Mei ling will take out a student loan to pay the additional cost. the anual interest rate is 6.25%. how much will she owe in interest at the end of one year if she does not repay the loan.
Answers (1)
t, starts at 25 at midnight, when h=0. next few hours, the temperature drop 3 degrees ever hour, which equation represents the temperature, t at hour h
Answers (1)
How many solutions does 6 - 3x = 12 - 6x have?
Answers (1)