simranm098 simranm098

18-06-2021
Mathematics

contestada

Calculate the time it would take for a $70000 investment to earn $1400 of simple interest at a rate of 4% per annum

Respuesta :

jellyboy07 jellyboy07

21-06-2021

Answer:

half a year (6months)

Step-by-step explanation:

because simple interest of $70000 at 4% is $2800 in a year so $1400 is half of that

Answer Link

Otras preguntas

A good leader should have a positive outlook.

Research indicates that individuals experience less moratorium and achievement as age increases. please select the best answer from the choices provided t f

Jake can carry 6 1/4 pounds of wood in from the barn. His father can carry 15/7 times as much as Jake. How many pounds can Jakes father carry?

What is the equation of a line perpendicular to y=7/6x+4

I need help with these

8 people serving 2 pies equally how much does each person get

list the impact of the consumer protection act on businesses

Giuseppe is an Italian trader in the Mediterranean who trades goods from the Middle East, Asia, and other exotic places. Why does Giuseppe want other European e

What were the terms for the Missouri Compromise?

Identify the compound sentence. A. Jennifer finished high school but never went to college. B. John works as a chef in the morning and a musician in the evening