InnedToPassPLzzz InnedToPassPLzzz

04-02-2022
Mathematics

contestada

Eli has a loan of $3500.
This loan charges 5% interest
compounded annually. What is the
amount of interest that Eli will be
charged on this loan at the end of
four years?
(Round to the nearest cent)

Eli has a loan of 3500 This loan charges 5 interest compounded annually What is the amount of interest that Eli will be charged on this loan at the end of four class=

Respuesta :

Jaidalynt Jaidalynt

04-02-2022

Answer: 700

Explanation:
3,500 x 5 over 100 = 175
175 x 4 = 700

Answer Link

Otras preguntas

Jana finished of her homework at school and of it before dinner. How much of her homework has she finished so far? A.27/28 B.13/28 C.13/14 D.1 1/28

How much principal, to the nearest dollar, should you invest at 4% in order to have $3,000 for a vacation to Europe in 3 years?

Compare using <, >, or =. 9 3/4____9 5/6

Which statement demonstrates that ultraviolet (UV) rays are electromagnetic waves?

If u speed up from rest to 12 m/s in 3 seconds, what is your acceleration

What is the correct formula for magnesium sulfate

Donna is planning a vacation. She looks at a map with the following scale. 12 inch=15 miles On the map, Donna finds the distance from Richmond, VA to Pittsbur

5 is a ________ of 20. multiple factor

State whether the given measurements determine zero, one, or two triangles. A = 61°, a = 23, b = 24 Select one: a. Zero b. Two c. One

Which words make up the adverb phrase in this sentence? In colonial days, there were no fire departments. A. no fire B. In colonial days C. fire departments D.