andrewdriscoll1 andrewdriscoll1
  • 19-02-2018
  • Business
contestada

Alex invested $400 in a CD that pays 3% simple interest, calculated semiannually. How much money will Alex earn in 2 years?

Respuesta :

Аноним Аноним
  • 19-02-2018

S.I. = P * R * T / 100
I = 400 * 3 * 2 /100
I = 2400 / 100
I = 24

In short, Your Answer would be $24

Hope this helps!
Answer Link

Otras preguntas

Cells have a selectively permeablemembrane. What is the primary purpose of this membrane?A.)to keep all the cytoplasm inside the cellB.)to control which materia
5) All the plants grown from a given type of genetically engineered seed are genetically identical. On the one had, uniformity can make it easier for a farm
How does water effect metamorphic process
Brian received a phone call today asking him to donate to a disaster relief found.
What is equal to 3 1/4?
Help? Please? ??????????
According to the article, what's the third step in the naturalization process A. Swearing the Oath of Allegiance B. Attending a biometrics appointment C. T
What are the steps to find (2+2i)(5+3i)?
Write 7 over 10 as a percentage
A shortage can be either short-term or long-term, but it is not an ongoing condition. Please select the best answer from the choices provided T F