emelibalderas emelibalderas

01-05-2020
Mathematics

contestada

Karl deposits $900 in a CD. He will earn 5% compound interest each year for five years. How much interest will Karl earn in 5 yrs?

Respuesta :

Аноним Аноним

09-05-2020

Answer:

$225 of interest in 5 years.

Step-by-step explanation:

Step 1: 5% x 5 = 25%.

Step 2: 900 ÷ 4 = 225.

Karl will earn $225 of interest in 5 years.

Answer Link

Otras preguntas

If you are writing a persuasive essay in favor of banning vending machines in schools, which is a counterargument you might anticipate?

which city was located nearest the nile river delta

Which two numbers have a difference of 5 and a product of 3.36???

If you are writing a persuasive essay in favor of banning vending machines in schools, which is a counterargument you might anticipate?

which city was located nearest the nile river delta

Which two numbers have a difference of 5 and a product of 3.36???

which city was located nearest the nile river delta

what other areas beside egypt did the new kingdom pharoahs conquer

what other areas beside egypt did the new kingdom pharoahs conquer

If you are writing a persuasive essay in favor of banning vending machines in schools, which is a counterargument you might anticipate?