jtapelt jtapelt
  • 26-01-2021
  • Mathematics
contestada

how long will it take a $2 000 investment to earn $544 in interest at a 1.7 interest rate

Respuesta :

Kylleo
Kylleo Kylleo
  • 26-01-2021

Answer:

16 years

Step-by-step explanation:

1.7% of 2000 is $34

$544 divided by $34 = 16 years, that is if the interest is yearly and not monthly though

Answer Link

Otras preguntas

Find the equation in slope-intercept form of the line that has: Slope: 2/5 and passes through (-5,1)
help please i will give brainliest!!
A reading before and after was taken from a burette, as shown.What is the reading of the burette on the left, in mL? Do not type in units.Im having a hard time
helpppppppppppppppppppppppppppppppppppppp
If a fatty acid has 17 Cardons and 34 oxygens, you know that is... 1. None of the above 2.Polyunsaturated 3.Monounsaturated 4.Saturated
Tonya makes and sells baby items. The table shows her costs and the amounts for which items were sold. Tonya's Homemade Items Cost to Make $10 $4 $11 $3 Price I
Holly begins with 1 penny in her piggy bank. She adds 2 pennies on day 1, 4 pennies on day 2, and 8 pennies on day 3. She continues this pattern for 30 days. Wh
How many valence electrons does selenium have?
Briefly explain the current idea about how the Grand Canyon formed.
PLS HELP ASAP!!!!!!!!!!!!!!!!!!!!Which countries are incorrectly labeled? Choose all that apply.1. China2. India3. Kazakhstan4. Pakistan5. Japan6. Vietnam7. Sou