cainfearance32 cainfearance32
  • 17-11-2021
  • Mathematics
contestada

Ernie deposits $9,800 into a pension fund. The fund pays a simple interest rate of 7%. What will the balance be after four years?

Respuesta :

churbudda
churbudda churbudda
  • 17-11-2021

Answer:

$12,845.80

Step-by-step explanation:

take the first number and go +7%. repeat four times

hope this helps :-)

Answer Link

Otras preguntas

In recent years, the North's Korea's domestic agricultural production has done which of these? Even though, falls far short of producing sufficient food to prov
why is Nepal constitution called the constitution of Federal Democratic Republic​
Why does the US State Department see Guatemala’s reforms as a threat?
120 adults complete a survey. 45 are men. Write the ratio of men : women in its simplest form
Solve for X A. 2.25 B. 19 C. 12 D. 22
what is the oxidation number of boron in Na{B(NO3)4}​
The distance between the crest and trough of an ocean wave is 1 meter. What is the amplitude of the wave?​
PLS HELP MMEEEE !Most Middle Eastern countries rely on which type of economic activity? Primary Secondary Tertiary Quaternary
Solve the following equation for x 5(x + 3)= 30 Show your work.
Which is considered the largest carbon reservoir? rocks and sediments atmosphere fossil fuels terrestrial biosphere