emelibalderas
emelibalderas emelibalderas
  • 01-05-2020
  • Mathematics
contestada

Karl deposits $900 in a CD. He will earn 5% compound interest each year for five years. How much interest will Karl earn in 5 yrs?

Respuesta :

Аноним Аноним
  • 09-05-2020

Answer:

$225 of interest in 5 years.

Step-by-step explanation:

Step 1: 5% x 5 = 25%.

Step 2: 900 ÷ 4 = 225.

Karl will earn $225 of interest in 5 years.

Answer Link

Otras preguntas

What metaphor does Oliver use throughout to illustrate his view of the current relationship between Britain and its American Colonies? How does he personify the
Quién visita la escuela? translate to english
Is the battle of Berlin as important today as it was in the past? Point Prove and Explain
What prevented France Great Britain and Italy from taking action against Hitlers violation
A buyer has a 30 year, $750,000 loan with a 5. 75% interest rate. How much is the first monthly payment?
Which equation would you use to find the distance between the two points? A. |2 - 4| B. |2 - (-4)| C. |-5 - 5| D. |2 + (-4)|
Henry is researching the elephant exhibit at his town's zoo. Which of the following is a statistical question Henry could ask? A. When was the zoo opened? B. Wh
5. Which word below is an adjective? O defensive O defensively O defender O defend
In regard to speaking out in public, the government may A. tell you that you cannot speak in certain places. B. prohibit you from speaking against certain polit
The total number of pears and oranges in a basket is between 30 and 40 . There are 25% more apple than orange how many apples are there in a basket