Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. if you want to earn 2 annual simple interest on an

If you want to earn 2 annual simple interest on an investment how much should...

60.1K

Verified Solution

Question

Basic Math

image

If you want to earn 2 annual simple interest on an investment how much should you pay for a note that will be worth 18 500 in 10 months Round your answer to two decimal places

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Transcribed Image Text

If you want to earn 2 annual simple interest on an investment how much should you pay for a note that will be worth 18 500 in 10 months Round your answer to two decimal places

Other questions asked by students

Q

What are ABC transporters and how do they work?

Biology
Q

1. In your own words, explain why a single interaction between two particles may be represented...

Physics
Q

Which of the following shortcut keys is used for open the Navigation Pane ir MS...

Biology
Q

The resistance of a metal increases with increasing temperature because VITEEE 2008 a The collisions...

Physics
Q

A mass is placed on a spring and oscillates What is the mass if the...

Physics
Q

Not yet answered Marked Given the least squares regression line y 2 48 1 63...

Basic Math
Q

1 x 0 10 3 0 1 x t 1 1 0 22 Please enter...

Calculus
Q

To solve for the lengths of the right triangle sides which equation is correct A...

Algebra
Q

Stellar Corporation began operations...

Accounting
Q

Six Measures of...

Accounting
Q

Case 13-08 Accounting for a Loss Contingency for a Verdict Overturned on Appeal In the...

Accounting
Q

The photocopying department in a community college has budgeted monthly costs at $40,000 per month...

Accounting