Derrick deposited $700 in a savings account that pays 2.5% simple interest on a quarterly basis. After the initial deposit, he did not make any deposits and withdrawals. How many years ago did he invest the money if his current balance on the account is $980?
1
2
4
8
16

Question

02-12-2022
Mathematics

Answered

Welcome to Westonci.ca, the Q&A platform where your questions are met with detailed answers from experienced experts. Discover detailed answers to your questions from a wide network of experts on our comprehensive Q&A platform. Get detailed and accurate answers to your questions from a dedicated community of experts on our Q&A platform.

Derrick deposited $700 in a savings account that pays 2.5% simple interest on a quarterly basis. After the initial deposit, he did not make any deposits and withdrawals. How many years ago did he invest the money if his current balance on the account is $980?
1
2
4
8
16

Sagot :

We appreciate your time on our site. Don't hesitate to return whenever you have more questions or need further clarification. Your visit means a lot to us. Don't hesitate to return for more reliable answers to any questions you may have. Thank you for trusting Westonci.ca. Don't forget to revisit us for more accurate and insightful answers.

what is Intercept of functions?

if all sides of a cube are multiplied by 6, by what factor does the volume increase?

The German Confederation was made up of __________________ separate states but had a common language and culture.

Which bond is most polar? A) N -H B) C -H C) O -H D) H -H Can anyone explain this one?

during 4 days the price of the stock of pev corporation went up 1/4 of a point down 1/3 of a point and up 7/10 of a point what is the net change

a homozygous dominant brown mouse is crossed with a heterozygous mouse tan is the recessive color

What is China's 8 traits of culture: Art, economy, social group religion, language, history, daily life, and goverment?

Albino giraffes have white hair. there are very few albino giraffes in the wild. why are there few albino giraffes in the wild?

what is Intercept of functions?

Derrick deposited $700 in a savings account that pays 2.5% simple interest on a quarterly basis. After the initial deposit, he did not make any deposits and withdrawals. How many years ago did he invest the money if his current balance on the account is $980? 1 2 4 8 16

Sagot :

Other Questions

Derrick deposited $700 in a savings account that pays 2.5% simple interest on a quarterly basis. After the initial deposit, he did not make any deposits and withdrawals. How many years ago did he invest the money if his current balance on the account is $980?
1
2
4
8
16