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

secured access to oil during World War I and beyond by buying a majority stake in Reset Next Its reserved​
What happens when a pebble lying on the ground is kicked? 1. Energy is destroyed 2. Energy is transferred 3. Energy is created
Doctors advise us to eat____________ food. (nutrition )
Sarah bought a pair of shoes that were $64 but we’re on sale for $46 sales tax is 6% how much does she pay for the shoes
plzzzzzzzz help meeeeeeee
how did the roman republic become the roman empire
3 A car travels 100 km. The highest speed of the car is 90 km/h, and the lowest speed is 30 km/h. The journey takes two hours. What is the average speed for the
the diameter of a circle is 2 kilometers. What is the circumference?
what is a perfect world how would you create a perfect world
A baby weight 8 1/4 pounds at birth two week later she weighs 8 7/8 pounds how much weight did the baby gain