![Shadow0202](/avatars/20782.jpg)
Shadow0202
25.01.2021 •
Mathematics
What is the calculation for determining simple interest and compound interest? Borrowing if borrowed $20,000 for 5 years at a 4% interest rate? What is total interest paid?
Solved
Show answers
More tips
- H Horoscopes, Magic, Divination Is there a 13th Zodiac Sign?...
- H Health and Medicine Want to Lose Weight? Gain Muscle without Damaging Your Health!...
- F Family and Home Parquet or laminate, which is better?...
- L Leisure and Entertainment How to Properly Wind Fishing Line onto a Reel?...
- L Leisure and Entertainment How to Make a Paper Boat in Simple Steps...
- T Travel and tourism Maldives Adventures: What is the Best Season to Visit the Luxurious Beaches?...
- H Health and Medicine Kinesiology: What is it and How Does it Work?...
- O Other How to Choose the Best Answer to Your Question on The Grand Question ?...
- L Leisure and Entertainment History of International Women s Day: When Did the Celebration of March 8th Begin?...
- S Style and Beauty Intimate Haircut: The Reasons, Popularity, and Risks...
Answers on questions: Mathematics
- M Mathematics The function h(t) -16f+28t 500 represents the height what does h(3.2) represent? of a rock t seconds after it is propelled by a slingshot...
- M Mathematics What is the reciprocal of each mixed number? drag and drop the answer into the box to match each number. 6 3/4 2 1/4 1 3/4...
- M Mathematics What does 4/8 + 3/8 equal as a fraction...
- M Mathematics In this figure, ab⎯⎯⎯⎯⎯∥cd⎯⎯⎯⎯⎯⎯ and m∠3=120°. what is m∠6? enter your answer in the box. ° brainliest if correct...
- M Mathematics Solve the equation using square roots: 2x^2 - 17 = 15...
- M Mathematics Find dy dx of y equals the secant of the square root of x....
- M Mathematics What’s the degree of the monomial 8x^2...
- M Mathematics Given a∥b , and c is not parallel to a or b, which statements must be true? select each correct answer. m∠7=m∠10 m∠4=m∠8 m∠8=m∠9 m∠2=m∠7 brainliest if correct!...
- M Mathematics Need now! use the substitution method to solve the system of equations. choose the correct ordered pair. x+y=12 -x=-y-10...
- M Mathematics Write y= 3x^3 - 12x + 13 in vertex form...
Ответ:
If using simple interest, the formula is:
= Amount * ( 1 + rate * time)
= 20,000 * ( 1 + 4% * 5)
= $24,000
Interest = Balance after 5 years - Investment
= 24,000 - 20,000
= $4,000
Using Compound Interest:
= Amount * ( 1 + rate)^time
= 20,000 * ( 1 + 4%)⁵
= $24,333.06
Interest = 24,333.06 - 20,000
= $4,333.06
Ответ:
its definitely no doubt no scam absolutely 100% c