Use the formula A=P (1+ r/n)ⁿ⁺ to solve the compound interest problem.
Find how long it takes a $ 1700 investment to earn $ 500 interest if it is invested at 2 % interest compounded quarterly.
$ 500 interest will be earned in approximately ___ years. (Round to the nearest tenth.)

Question

05-12-2022
Mathematics

Answered

Get reliable answers to your questions at Westonci.ca, where our knowledgeable community is always ready to help. Connect with a community of experts ready to provide precise solutions to your questions quickly and accurately. Connect with a community of professionals ready to provide precise solutions to your questions quickly and accurately.

Use the formula A=P (1+ r/n)ⁿ⁺ to solve the compound interest problem.
Find how long it takes a $ 1700 investment to earn $ 500 interest if it is invested at 2 % interest compounded quarterly.
$ 500 interest will be earned in approximately ___ years. (Round to the nearest tenth.)

Sagot :

Thank you for trusting us with your questions. We're here to help you find accurate answers quickly and efficiently. We hope our answers were useful. Return anytime for more information and answers to any other questions you have. Find reliable answers at Westonci.ca. Visit us again for the latest updates and expert advice.

repeating pulse that can be felt in some music; strong beat conveys feelings of action and excitement;weak beat conveys feelings of peacefulness and restfulness

Goat breeds can be categorized based on their production of meat, fleece, and what other product? A. goat organs B. goat hooves C. goat milk D. goat insulin

solve the matrix equation: x1 x2 −2 5 = 8 15 x1 = x2 =

Which side of triangle DEF is the longest? A. DE B. EF C. DF D. Cannot be determined

GDP is useful in evaluating which of the following? The production of firms that are owned by domestic nationals but located overseas Increases in domestic cons

For which of the following aqueous salts will electrolysis produce hydrogen gas and oxygen gas? Nil_2 (aq) NaF(aq) CuBr(aq) Nal(aq) NiF_2(aq)

Which of the following documents must an existing customer sign to establish a discretionary account? A) Customer's agreement. B) Options agreement. C) New acco

Carl received a phone call from a woman who states that she is calling from his bank. She tells him that someone has tried to access his checking account and sh

Short Response Based on “Python Invasion,” summarize the problems that are caused by Burmese pythons and what is being done about these problems. Use two detail

Reflecting across Both Axes Suppose (-7,3) is reflected across the x-axis, and then the y-axis. What will be the new coordinates? A. (-7,-3) B. (-7,3) C. (7,-3)

Use the formula A=P (1+ r/n)ⁿ⁺ to solve the compound interest problem. Find how long it takes a $ 1700 investment to earn $ 500 interest if it is invested at 2 % interest compounded quarterly. $ 500 interest will be earned in approximately ___ years. (Round to the nearest tenth.)

Sagot :

Other Questions

Use the formula A=P (1+ r/n)ⁿ⁺ to solve the compound interest problem.
Find how long it takes a $ 1700 investment to earn $ 500 interest if it is invested at 2 % interest compounded quarterly.
$ 500 interest will be earned in approximately ___ years. (Round to the nearest tenth.)