subject
Mathematics, 14.11.2019 18:31 pollywallythecat

Joaquin hopes to earn $700 in interest in 3.5 years time firm $28,000 that he has available to invest. to decide if it's feasible to do this by investing in an account that compounds monthly, he needs to determine the annual interest rate such an account would have to offer for him to meet his goal. what would the annual rate of interest have to be? round to two decimal places.

ansver
Answers: 1

Another question on Mathematics

question
Mathematics, 21.06.2019 19:00
Simplify. −4x^2 (5x^4−3x^2+x−2) −20x^6−12x^4+8x^3−8x^2 −20x^6+12x^4−4x^3+8x^2 −20x^8+12x^4−4x^2+8x −20x^6+12x^4+4x^3−8x^2
Answers: 1
question
Mathematics, 21.06.2019 20:30
Write the summation to estimate the area under the curve y = 1 + x2 from x = -1 to x = 2 using 3 rectangles and right endpoints
Answers: 1
question
Mathematics, 22.06.2019 02:00
15 oranges weigh 3.75 kilograms (kg). if each orange weighs approximately the same, approximately how much does each orange weigh?
Answers: 2
question
Mathematics, 22.06.2019 02:00
The product of 3 and a number increased by 8 is 31 written as an equation
Answers: 2
You know the right answer?
Joaquin hopes to earn $700 in interest in 3.5 years time firm $28,000 that he has available to inves...
Questions
question
Biology, 03.12.2020 18:10
question
Spanish, 03.12.2020 18:10
question
English, 03.12.2020 18:10
question
Mathematics, 03.12.2020 18:10
Questions on the website: 13722367