asked 159k views
2 votes
Suppose Johnny invests $2,745 into an account, which has been earning interest for many years and he now has a total of $39,974. In two or more sentences explain why a negative number would/wouldn’t be reasonable in the solution of the rate he received on his investment.

asked
User AntouanK
by
8.1k points

1 Answer

4 votes
He earn around $36629 as intrest.
so usually intrested is calculated according to the percentage.
some monthly and annually.

so you cannot have negative number for %
and he gained then there no way .then have negative number..
answered
User Javier Toja
by
7.9k points
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