quentin43chaney quentin43chaney
  • 12-06-2020
  • Mathematics
contestada

Erin deposited $500 in a savings account earning 8% interest annually and compounded monthly to the nearest cent how much interest will she earn in 10 years

Respuesta :

ransomwhite07 ransomwhite07
  • 12-06-2020

Answer:

$400

Step-by-step explanation:

$500 multiplied by 8% = $40

If you multiply $40 by 10 years that equals $400.

Answer Link

Otras preguntas

Being able to ________ is a key benefit for those who study management
Name two ways that the federal government tried to regulate business in the late 1800s. Do you think these regulations achieve their goals?
Why journal sub divided ? Name them
Una persona tiene $8.000 en monedas de $10 y de $50 ¿Cuantas monedas de $10 y de $50 tiene?
How many 1 3/5 inch books can fit on a 14 1/2 inch bookshelf
What is 60% of 7?????
In October, Greg and Thomas had the same amount of money in their savings accounts. In November, Greg deposited $120 into his account. Thomas increased the mone
There are 48 people coming to a family reunion. one foruth of them live out of the state.how many live in state?
Order the set of decimals from least to greatest. 0.503, 0.53, 0.529
Spoken word and written text are different because