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

What is illusion vs. reality?

in the image below which point is the vertex of an angle

Ocean waves are examples of: transverse waves longitudinal waves circular waves

help .me with those two questions

How did horizontal integration limit competition? (8 points) Fewer independently owned companies existed to compete. Companies agreed not to compete, so they al

Which word in the sentence does the appositive phrase modify? The big playground across the street, Meadowland Park, has two tire swings. A.street B.playground

The atomic number of an atom is alwaysequal to the number of its. (1) protons, only. (2) neutrons, only. (3) protons plus neutrons. (4) protons plus electrons

What is the function of the cell membrane?

Organic foods tend to have higher levels of nutrients than nonorganic foods. true or false?

A form that asks questions about a job seeker's skills, work experience, and education. Job application Job objective Résumé Personal employer