siphoon25 siphoon25
  • 19-10-2021
  • Mathematics
contestada

Georg invests $5000 for 14 years at a rate of 2% per year compound interest.
Calculate the interest he receives.

Respuesta :

UriUri
UriUri UriUri
  • 19-10-2021

Answer:

[tex]\frac{1}{50}[/tex] or 0.02

Step-by-step explanation:

2% x 1 to give the answer

or

reduce it to faction like

[tex]\frac{2}{100}[/tex] = [tex]\frac{1}{50}[/tex]

Answer Link

Otras preguntas

Factor this equation x^2+3x-10
A chemical reaction in which one element replaces another element in a compound can be categorized as a
Which scientist first discovered that white light is a mixture of a rainbow spectrum of light rays?
What sequence correctly describes the route that an egg takes through the female reproductive system? (2 points). A.Cervix – fallopian tube – uterus. . B.Cervi
1. Which of the following words is an example of an adverb? A. Oily B. Actually C. Lively D. Silly
Which phrases in this excerpt from Alexander Pope’s "An Essay on Criticism" are oxymorons? Such shameless Bards we have; and yet 'tis true, There are as mad, ab
Brad is testing three solutions with litmus paper. After dipping the litmus paper strips in the solutions, he observes two papers turning blue and one turning r
Who owns and operates the production facilities in a command economy?
Simplify the rational expression. State any excluded values.. . x-2/x^2+3x-10. . A. x^2. . B. x+5, where x is not equal to -5 . . C. 1/x2 where x is
Evaluate the series 1 + 4 + 16 + 64 + 256 + 1024..