Lời Giải
Lời Giải
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Rick inherited some money from his grandfather and put it in a bank account that earns 4% interest compounded annually. After 7 years, Rick had 700.00 in the bank account. How much interest did he earn? write answer with three decimalsShannon found a pair of shoes at the Outlets that were 50 but they are now 25% off. What is the sale price of the shoes?Martha opened a savings account and deposited 300.00 as principal. The account earns 2% interest, compounded quarterly. How much interest will she earn after 3 years?An amount of 31,000 is borrowed for 14 years at 4.25% interest, compounded annually. If the loan is paid in full at the end of that period, how much must be paid back?Serenity invested 2,400 in an account paying an interest rate of 3.4% compounded continuously. Assuming no deposits or withdrawals are made, how long would it take, to the nearest tenth of a year, for the value of the account to reach 2,930?