Mathematics, 20.11.2020 02:20 aredwolf2017
1) Devon invests $9,000 in a savings account that pays 1.5% simple interest. How much will be in the account after 6 years if Devon makes no withdrawals or deposits to the account? F $810 G $10,750 H $9,810 J $9,841
2)Grayson deposited $4,000 in an account that earns 5% annual compounded annually. About how much interest will the account earn after 4 years, if he makes no withdrawals or deposits? A $980 B $862 C $86 D $800
3) Jodie invests $12,000 in a savings account that pays 2% simple interest. How many years will it take for the account to grow to $13,200, if he makes no withdrawals or deposits? F 7 years G 12 years H 5 years J 13 years
Answers: 1
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1) Devon invests $9,000 in a savings account that pays 1.5% simple interest. How much will be in the...
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