homieGdogfizz homieGdogfizz

23-05-2018
Mathematics

contestada

What is the total amount and the amount of interest earned on $6,500 at 6% for 25 years?

Respuesta :

TheBreeze TheBreeze

23-05-2018

Here's the equation for one year:
0.06(6500) + 6500
But because it is 25 years:
25(0.06(6500)) + 6500
1.5(6500) + 6500
We can make it simpler:
2.5(6500)
The total amount is $16350

Answer Link

Otras preguntas

When is cash pulled out of circulation

what was the key philosophy held by founding fathers

Lee used her computer for 60 minutes on Friday. On Saturday, she used her computer for 150% of the number of minutes she used it on Friday. What was the number

What is the answer to 8xsquared-24x

6. Why is crossing over, or recombination, in meiosis a genetic advantage for a n organism? Why is crossing over an advantage for a geneticist

how are the four earths systems connected

What is the answer to 8xsquared-24x

10(x+3)=9 mmmmmmmmmmmmmmmmm

If you drink a soda with sugar, what happens to your blood glucagon levels?

Consider the following formula used to find the volume of a cone. Which of the following represents the formula that could be used to find the height of the con