easy4
easy4 easy4
  • 21-07-2017
  • Mathematics
contestada

How many years will it take $1,000 invested at 7% interest to earn $280?

Respuesta :

iRiven iRiven
  • 21-07-2017
7% of 1,000 is 70.
280/70 = 4
It will take 4 years.
Answer Link

Otras preguntas

How effective communication will help you in your transition from school to post - school destination
Use f(x)=3x-1 and g(x)=7x to evaluate the following (F+g)(6) (f-g)(-3) (fg)(5) (f/g)(0)
Which was not introduced into medieval Europe from the Islamic world or Asia? A.astronomy B.shipbuilding C.arabic numerals D.paper production
if a whole number is not even, then what is it?
Which contains an error in logic as worded? A forgotten backpack was Mark's usual reason for not turning in his homework. Mark's usual reason for not turning in
Select all that apply. Five postwar movements of change in the United States included: a return to normalcy Prohibition urbanization restrictive immigration tax
Fruit: Sugar in 2:3 If 15kg of sugar is used,how much fruit?
True or False: Religion serves as a powerful agent of social control, encouraging conformity to the norms of society.
Which action is considered a primary function of state government
Javier bought 48 sports cards at a yard sale. Of the cards, 3/8 were baseball cards. How many cards were baseball cards? A:48 B:18 C:6 D:3