Register

Arthur knows that if he invests $1000 in a bank account, in one year he'll earn $15 in interest. If Arthur invest $24,500

Arthur knows that if he invests $1000 in a bank account, in one year he'll earn $15 in interest. If Arthur invest $24,500
asked 9.0k views
0 votes
Arthur knows that if he invests $1000 in a bank account, in one year he'll earn $15 in interest. If Arthur invest $24,500

asked
User Maxheld
by
8.9k points

1 Answer

3 votes
He would pay 367.50 in interest for the year if he invested 24,500
answered
User Ramanman
by
8.0k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Link Copied!