bmoreau8276 bmoreau8276
  • 08-02-2022
  • Business
contestada

what is the balance in the account after 25 years how much of this balance corresponds to interest on interest

Respuesta :

toomy12s toomy12s
  • 08-02-2022
Using future value formula


The balance in the account after 25 years is $6,848.48.


The balance that corresponds to "interest on interest" is $3,848.48.
Answer Link

Otras preguntas

what do you understand by family health?​
11. The length of a tennis court is 78 feet. This is 51 feet more than the width. What is the width?
Name the three political issues that eventually led to the Civil War ​
Find three numbers between –0.55 and –0.54
what is the airlines of Brazil​
I think that 2+2=10 Is this a statement?
Write and solve an equation to find the number n. Eight plus the quotient of a number and 3 is -2. Equation: = -2 The number is n=
There is a python 8.23 meters long. What is an equivalent length of this snake in meters?
Between 1865 and 1900, both the West and South changed considerably. Which of the following statements correctly reflect this transformation?
Fore limbs of aerial animals are modified into.....I. FeathersII. wingsiii. beakIv.claws