alyssa94 alyssa94
  • 03-11-2016
  • Mathematics
contestada

How much more money is earned on a $2,500 investment at 2% annual compound interest for 5 years than a $2,500 investment at 2% simple annual interest for 5 years?

Respuesta :

Asahi
Asahi Asahi
  • 04-11-2016

simple: 2500(1+0.02)^5
$2760.20
Answer Link

Otras preguntas

How do you simplify -5(a-6) + 2a
The protein used by some prokaryotes that blinds to the operator blocking rna polymerase so transcription cannot take place is called the
draw a figure with the given perimeter 6 units
Alex buys 2 1/2 pounds of grapes. He buys 1 1/4 times as many pounds of apples as grapes. How many pounds of apples does he buy?
Define Momentum? ......
a 4kg vase sits on a shelf at a height of 1.2m. how much gravitational potential energy is added to the vase when it is lifted to a shelf of height 1.4m?
what's half as much of 2/3
What multiplies to get 8 then added to get -3
Explain why 7 multiplied by x/7 = x
both fractions in the expression of 1/3 +1/3 are examples of...