Mathematics, 10.09.2020 01:01 Wolfb21345
Simple interest is given by the formula A = P + Prt. Where A is the balance of the
account after t years, and P is the starting principal invested at an annual percentage rate
of r, expressed as a decimal.
Noah is investing money into a savings account that pays 3% simple interest, and plans
to leave it there for 10 years. Determine what Noah needs to deposit now in order to
have a balance of $20,000 in his savings account after 10 years.
Noah will have to invest $
now in order to have a balance of
$20,000 in his savings account after 10 years. Round your answer to the nearest dollar.
Answers: 2
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At the beginning of 1974/75,2 years a man invested #2000 in a bank at 12.5% compound interest, if it degree #650 at the end of each two years to pay his son's school fees, after payment of interest to pay his son's school fees, how much did he have left at the beginning of the 1978/79 school year?
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Mathematics, 21.06.2019 20:30
Justin has 750 more than eva and eva has 12 less than justin together they have a total of 63 how much money did
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Simple interest is given by the formula A = P + Prt. Where A is the balance of the
account after t...
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