Rick puts $6500 in a high interest money market account at 4.36% annual interest
compounded monthly. Assuming he makes no deposit or withdrawals, how long will it
take for his investment to grow to $7000?
A. 2 years
B. 7.1 years
C. 1.6 years
D. 1.7 years
E. None of them
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Rick puts $6500 in a high interest money market account at 4.36% annual interest compounded monthly. Assuming he makes no deposit or ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
What is 200 rounded to the nearest tenth
Answers (1)
A gardener is planting two types of trees: Type A is 8 feet tall and grows at a rate of 20 inches per year. Type B is 5 feet tall and grows at a rate of 23 inches per year.
Answers (1)
A shipping company has a rule that all packages must be rectangular prisms with a volume no more than 9 cubic feet what is the maximum measure for the height of the a box that has a width of 1.5 feet and a length of 3 feet
Answers (1)
5/8=1/2/x solve for x.
Answers (1)
2x+12≥6 whats the solution? a. x≥-3 b. x≤ 3 c. x≤ - 3 d. x≥3
Answers (2)
New Questions in Mathematics
Round 224.91 to the nearest whole number do not add extra zeros
Answers (1)
What is the value of the expression below when a is 3, b is 25, and c is 5? 1/2 (3a + 4b + c) - (c2 + 5a)
Answers (1)
What is the order of rotational symmetry of a kite? A) 0 B) 1 C) 2 D) 4
Answers (1)
Can you write an expression for 5x5x5x5
Answers (1)
On a ruler what is the space before one
Answers (2)