Mathematics, 23.05.2021 09:00 Bgreene2377
Suppose you need to find the dollar amount of interest you'd earn on a savings account:
You deposit $5000 in a savings account that pays 1.5% annual interest.
Explain how you would find the dollar amount of interest you would earn. This amount comes out to $75--so we're not asking you for this answer of $75, instead we want to know how you would compute this number. If you would use a calculator, please describe exactly what you would punch into the calculator, and why.
Answers: 1
Mathematics, 21.06.2019 17:00
You have $600,000 saved for retirement. your account earns 5.5% interest. how much, to the nearest dollar, will you be able to pull out each month, if you want to be able to take withdrawals for 20 years?
Answers: 1
Suppose you need to find the dollar amount of interest you'd earn on a savings account:
You deposit...
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