damisihudson321 damisihudson321
  • 13-06-2022
  • Business
contestada

If you have $600 and you find an investment that annually yields 3%, how much interest would you earn in 15 years?

Respuesta :

blacktiecorp1
blacktiecorp1 blacktiecorp1
  • 13-06-2022

Answer:

$270.00 in 15 years

Explanation:

3% of $600 = $18.00 annually

$18.00 x 15 years = $270.00 interest earned

Answer Link

Otras preguntas

find the value of n 3n-10 n=
what are the contributing factor that led to xenophobia​
Imperial measurements help please
help pls i beg youuu
Why is price discrimination not positive under perfect market conditions ​
Question 2 In the Middle Ages, which structure was thought to have been built by Merlin, the legendary magician of King Arthur? 1 Newgrange Çatalhöyük Stoneheng
Help please as fast as you can I NEED HELPPPPPPPP
What did you include in your response? Check all that apply. The point (1, -5) satisfies the first inequality but not the second inequality. The point (1, -5) l
A borrower obtains a one-year ARM which starts at 4.0% and has a margin of 3.0% and 2/6 caps. At the end of the first year, the index is 5.0%. What is the inter
Hey , can you please answer this? It’s urgent I need it for tomorrow.