subject
Mathematics, 25.11.2020 05:20 lanakay2006

The table shows how the compound interest on an investment of $6,000 with an interest rate of 3 34%, compounded annually, grows each year for two years. Principal ($) Interest Rate Time Interest Earned ($)
6,000.00 3 34% 1 year 6,000.00 • 0.0375 • 1
6,225.00 3 34% 1 year 6,225.00 • 0.0375 • 1

Determine the total interest earned in two years.

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 21:00
Atorch and a battery cost 2.50 altogether.the torch costs 1.50 more than the battery.what fraction of the total price is the torch? give your answer in its simplest form.
Answers: 2
question
Mathematics, 21.06.2019 22:20
The mean of 10 values is 19. if further 5 values areincluded the mean becomes 20. what is the meanthese five additional values? a) 10b) 15c) 11d) 22
Answers: 1
question
Mathematics, 21.06.2019 23:00
John has 1/2 pound of oranges to share with julie. if they share the oranges equally, how much will each of them have?
Answers: 1
question
Mathematics, 22.06.2019 00:00
What is the value of x? enter your answer in the box.
Answers: 2
You know the right answer?
The table shows how the compound interest on an investment of $6,000 with an interest rate of 3 34%,...
Questions
question
Mathematics, 26.05.2020 23:01
question
Arts, 26.05.2020 23:01
question
Health, 26.05.2020 23:01
Questions on the website: 13722363