Mathematics

Mathematics, 17.10.2019 11:30, BryantDream

Grace has $352 in a savings account that earns 2% interest per month. the interest is not compounded. how much interest does she earn per month? $

answer

Answers: 1

Show answers

Similar questions

Предмет

Mathematics, 21.08.2019 03:50, calistaallen1734

5. trisha plans to invest $1,800.00 in a savings account. savings account 1 earns 4% simple interest and savings account 2 earns 4% interest compounded quarterly. if she plans to deposit the $1,800.00 and leave it in the account for 2 years, in which savings account would she earn more interest? * savings account 1 savings account 2 the interest earned in both savings accounts will be the same.

Answers: 1

Предмет

Mathematics, 11.09.2019 03:30, boog89

Two savings accounts were each opened with a $7,000 deposit. account a earns simple interest at a 1% annual interest rate. account b earns compound interest at a 1% annual interest rate compounded yearly. no other deposits or withdrawals are made from the accounts for 3 years. what is the difference in interest earnings between the two accounts after 3 years? a) both accounts will earn the same amount of interest. b) account a will earn approximately $2 more in interest than account b. c) account a will earn approximately $210 more in interest than account b. d) account a will earn approximately $2 less in interest than account b. e) account a will earn approximately $210 less in interest than account b.

Answers: 1

Предмет

Mathematics, 28.10.2019 18:31, xrivas

Two savings accounts were each opened with a $6,000 deposit. account a earns compound interest at a 2% annual interest rate compounded yearly. account b earns simple interest at a 2% annual interest rate. no other deposits or withdrawals are made from the accounts for 3 years. what is the difference in interest earnings between the two accounts after 3 years? account a will earn approximately $360 less in interest than account b. account a will earn approximately $7 less in interest than account b. account a will earn approximately $360 more in interest than account b. account a will earn approximately $7 more in interest than account b. both accounts will earn the same amount of interest.

Answers: 3

Предмет

Mathematics, 07.11.2019 02:31, krose5807

9. alicia martin's savings account has a principle of $1,200. it earns 6% interest compounded quartly for two quarters 10. aubrey daniel's savings account has a principle of $5,725. it earns 4% interest compounded quarterly for 3 years. 11. the principle of angelo carrera's savings account is $9,855. it earns 6% interest compounded quarterly for 2 quarters. 12. milo simpson deposited $860 in a new regular savings account that's earns 5.5% interest compounded semiannually for 1 year, 13. jana lacey deposits $4,860in a new credit union savings account on the first day of the quarter. the principle earns 4% interest compounded quarterly for 6 months.

Answers: 1

Do you know the correct answer?

Grace has $352 in a savings account that earns 2% interest per month. the interest is not compounded...

Questions in other subjects:

Konu

Social Studies, 03.01.2020 01:31

Avictim has been shot in their car. investigators perform a greiss test around the bullet holes. what are investigators most likely hoping to learn from this test?...

Konu

Mathematics, 03.01.2020 01:31

John and ling start their new jobs on the same day. john's schedule is 4 workdays followed by 1 day off. ling's schedule is 7 workdays followed by 2 days off. on how many days duri...

Konu

History, 03.01.2020 01:31

How did globalization change countries culturally?...

Konu

Social Studies, 03.01.2020 01:31

Anna, a psychology major, has decided to specialize in the study of how to create a workplace that fosters motivation and productivity among employees. this is known as psychology...

Konu

Mathematics, 03.01.2020 01:31

Some friends are making cookies for a bake sale. in all they need 6 cups of flour however they only have a 1/4 measuring cup. how many time will they need to fill the measuring cup...

Konu

English, 03.01.2020 01:31

Read the excerpt from poe’s "the fall of the house of usher." [s]he succumbed (as her brother told me at night with inexpressible agitation) to the prostrating power of the destroy...

Konu

Mathematics, 03.01.2020 01:31

Given: r, s, t are midpoints of , , and . if the perimeter (distance around) of abc is 20, then the perimeter of rst is...

Konu

Mathematics, 03.01.2020 01:31

Greta and marge are collecting money for a local charity by taking donations outside of busylocal businesses. hoping to collect the most money today, greta gets to her collec...

Konu

Business, 03.01.2020 01:31

Gordon purchased real estate for $900,000 and listed title to the property as "gordon and fawn, joint tenants with right of survivorship." gordon predeceases fawn when the real est...

Konu

Mathematics, 03.01.2020 01:31

Group the all the worksheets in the workbook and fill the range a1: f1 from the insurance worksheet across all worksheets maintaining the formatting. ungroup the worksheets after t...

Other tasks in the category: Mathematics More task