subject
SAT, 22.07.2019 20:30 bluenblonderw

Jon deposits $15,000 in an account that earns 6% interest, compounded annually. no other deposits are made to the account. after 10 years, jon decides to use the investment to purchase a new home. the purchase requires a down payment of $21,500. what is the balance of jon's account after withdrawing the down payment? (to the nearest dollar)

ansver
Answers: 1

Another question on SAT

question
SAT, 23.06.2019 07:40
The volume of a cylinder is 72 tt cm3. if the radius is 3 cm, what is the height of the cylinder?
Answers: 1
question
SAT, 26.06.2019 13:00
Rick is on a bicycle trip. every 4 days he bikes 230 km. if rick keeps this same pace for 16 days, how many kilometers will he bike?
Answers: 2
question
SAT, 27.06.2019 12:00
Use the rule of 72 to calculate how long it will take for your money to double if its earning 6% in interest. a. 12yrs b. 16yrs c. 36yrs d. 72yrs
Answers: 2
question
SAT, 27.06.2019 14:00
Jerrold has to buy 12 copies of a textbook which costs $36.25 per copy. how much must he spend for them?
Answers: 2
You know the right answer?
Jon deposits $15,000 in an account that earns 6% interest, compounded annually. no other deposits ar...
Questions
Questions on the website: 13722367