24-05-2021
Mathematics

contestada

How long will it take an investment of $400 earning 3% annual interest compounded monthly to triple in value?

Respuesta :

25santamariam 25santamariam

24-05-2021

Answer:

$12 is 3% of $400, triple the value is $1200, it would take 100 months, or 8 years

Answer Link

Otras preguntas

Why are people so stupid and weird and mean???

A _______ bend is necessary when attaching a piece of conduit between outlet boxes on facing walls A. single B. saddle C. back-to-back D. offset

If the grain of rice is put on the first square,2 grains of rice on the second square 4 grains of rice in the thirds square 8 grains of rice on the fourth squar

The end of the transatlantic slave trade resulted in what ?

4 times what equals 5616

The European powers viewed this statement of policy at that time as

a light bulb manufacturer randomly tests 1500 bulbs and finds that 2 are defective how many defective bulbs would be expected in a shipment of 24,000 bulbs

College tuition and fees cost $12,000. Room and board cost $7500, books cost $500, and other charges are $250. If Lonnie’s parents contribute $15,000, how much

A good way to spend a mini-vacation

what was the purpose of mummification