HalCr207 HalCr207
  • 13-02-2022
  • Mathematics
contestada

Prem has $45000 to invest for 1 year. The bank tells him the interest rate is 6%. Calculate how much the investment is worth at the end of the year…

1) If the interest is paid every 6 months
2) If interest is paid quarterly

Respuesta :

waffle13
waffle13 waffle13
  • 13-02-2022

Answer:

1) $47,740.50

2) $47,761.36

Step-by-step explanation:

hope this helps :)

Ver imagen waffle13
Answer Link

Otras preguntas

how many people does it take to build a rocket ship
Help will mark brainiest!!!!!!!!!
an example signal statement is
First to answer will be the brainliest I need the answer ASAP choose all the right answers
How does word choice create mood and communicate meaning
What theme is conveyed about hope through the image of the bird
On Friday, the temperature in town at 5:00 pm was 7 degrees F, which was 13 degrees warmer than at 9:00 a.m. On Friday from 5:00pm to 11:00 pm the temperature
Complete the point-slope equation of the line through (6,4) and (7,2) Use exact numbers
The US entered world war 1 in what year
Read the questions below. Check all of the scientific questions. How fast do cheetahs run? Do fish like living in aquariums? Does adding fertilizer to the so