zoestout247 zoestout247

23-09-2021
Mathematics

contestada

What is the balance after one year on an investment of $20,000 earning 5.2% interest compounded annually? A. .052 B. 21,040 c. 20,000 D. 1040

Respuesta :

abhishekdhital2006 abhishekdhital2006

23-09-2021

Answer:

1040

Step-by-step explanation:

P=$20000

T=1 year

R=5.2%

we know that ,

I=PTR/100

I=$20000*1*5.2/100

I=1040

Answer Link

Otras preguntas

Recall the radar's functionality during the automatic self-test.a) Disabledb) Activatedc) In standby moded) Manual control

Which of the following accurately explains the role of cooperative federalism in policy-making? a. federal agencies delegate responsibilities to states in certa

What impacts vocabulary size (Hart and Risley)

Is the statement that two objects in free fall in a local gravitational field with different densities will hit the ground at the same time in a vacuum a law of

What is the physics behind the claim that a beam reach is the fastest point of sail on modern sailboats?

Chlorine is used to disinfect swimming pools. The accepted concentration for this purpose is 1 ppm chlorine or 1 g of chlorine per million g of water. Calculate

Kyle buys $20,000 of company XYZ's shares, at a share price of $20. A year later, XYZ's share price is $24, and Kyle sells all his shares. How many dollars did

If you were president and Iran threatened to restart its nuclear program unless America lifts economic sanctions on the country, what would your response be? Wh

Which is the bigger portion, 1/2 of a 12 inch pizza, or 3/4 of a 9 inch pizza

What are the errors in "Children," Lady Bird Johnson cautioned "are likely to live up to what you believe of them."