21savagekelvin 21savagekelvin

03-11-2016
Mathematics

contestada

A bank account has a beginning balance of $560.00. After 6 months, the balance in the account has increased to $572.60. What interest rate is being earned annually on this account?

Respuesta :

The1Toad1Sage The1Toad1Sage

03-11-2016

The interest rate is 1.0225%. To check my answer just add 1.0225% to $560.00 6 times. 560.00 + 1.0225% + 1.0225%......

Answer Link

Otras preguntas

How do you solve p+9 <7 AND graph it???

What positive and negative traits does Odysseus demonstrate in his adventure with the Cyclop's?

Solve by elimination:4x+7y =8-8x -14y= 5

what does the expression "what ever floats your boat" mean?

The widths of two similar rectangles are 16 cm and 14 cm. What is the ratio of their perimeters? Of their areas? a. 8:7 and 64:49 b. 9:8 and 64:49 c. 8 and 81-

During the Renaissance, along with the importance of God, who else did people had value?

one way in whick Robespierre and Louis XVI of France are similar is that both

what muscles are involved when you're tying your shoe laces

Find the explicit formula that produces the given sequence. 3/2, 3/4, 3/8, 3/16,...

Is Obesity Really a Big Problem in America? Please help me :)