SharelleScott13
SharelleScott13 SharelleScott13
  • 02-11-2020
  • Mathematics
contestada

How much simple interest would be earned on a certificate of deposit worth

$2,000 over a period of 5 years with an interest rate of 2%?

Respuesta :

jk77574
jk77574 jk77574
  • 02-11-2020

Answer:

Interest = $208

Step-by-step explanation:

At the end of 5 years, your savings will have grown to $2,208.

Answer Link

Otras preguntas

What is the meaning of the word in bold in the following line from the Prologue? Where civil blood makes civil hands unclean. (the word in bold is Civil) So
During world war ii, unionized workers agreed ________.
The effects of power Betrayal and friendship Honor and integrity Fate vs. free will Choose one of the above universal themes and explain the ways that The T
When oxygen binds to a heme-containing protein, the two open coordination bonds of fe2+ are occupied by:?
Can someone tell me why this is happening. Whenever I ask a question it lowers my points and whenever I mark someone as brainliest or i answer someone’s questio
Find the 20th term of the sequence 3,6,12,24
Which strategy allowed Germany to have immense success at the beginning of World War Two
what is the 25 element in chemistry
Which of the following statements about f(x)=(x-4)^2-1 are true? select all that apply
Ellen is making small bags of confetti from a large bag of confetti that weighs 4.75 lb. If he puts the same amount of confetti in each of 5 bags how much would