Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. algebra
  3. calculate the amount of interest earned on a $12,5

Calculate the amount of interest earned on a $12,500 deposit into an account for 3.5...

60.1K

Verified Solution

Question

Algebra

image

Calculate the amount of interest earned on a $12,500 deposit into an account for 3.5 years with a 2% interest rate.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

Kohler Corporation reports the following components of stockholders’ equity at December 31, 2018. Common stock—$15 par value,...

Accounting
Q

A particle of mass 3 kg is taken along ABCDE from A to E Height...

Physics
Q

Find the measure of angle z in degrees Round to two decimal places as necessary...

Geometry
Q

Monthly sales of a particular personal computer are expected to decline at a rate of...

Calculus
Q

If A 0 0 10 Select one True False 1 1 01 1 1 then...

Algebra
Q

Check Global Services is considering a promotional campaign that will increase annual credit sales by...

Accounting
Q

Major Co. reported 2018 income of $310,000 from continuing operations before income taxes and a...

Accounting
Q

Data Table Units produced and sold 600 units Sales price Direct materials Direct labor Variable...

Accounting
Q

10 018756 Mid-Valley Industrial Extenslon Service, a state-sponsored agency, provides water quality sampling services...

Accounting
Q

Which of the following items is NOT a separately stated item of a qualifying S...

Accounting
Q

Cost of Goods Sold is the cost of merchandise that has been sold to the...

Accounting
Q

A trader buys a stock and a put written on that stock, which has a...

Finance