foshyr7a7keflooooo foshyr7a7keflooooo
  • 07-03-2017
  • Mathematics
contestada

Good guys will pay you $3,800 a year for 10 years in exchange for $31,300 today. what interest rate will you earn on this annuity?

Respuesta :

Аноним Аноним
  • 07-03-2017
I hope this helps you




in a year $3800



in 10 year 10.3800=38000



38000-31300=6700


in 10 year rate 6700


for a year rate ?




?.10=6700


?=670
Answer Link

Otras preguntas

2x + 9 = 23 solve by trial
Given two temperatures, 36°F and 72°F, which of the following correctly compares the number of opportunities for particles to align during a chemical reaction?
define logical fallacy in your own words
Craig used 4 scoops of soil to fill 2/5 of a plant pot. How many scoops will Craig need to fill the whole plant pot?
Choose the most appropriate answer. Nosotros________cansados de levantarnos tan temprano. A. estan B. son C. somos D. estamos
Who was Rosie the Riveter? A) Secretary of War during World War II Eliminate B) A cleaning lady for the Roosevelt's C) A cultrual icon (not an actual
What is Pressure ? Explain well
Does each equation represent exponential decay or exponential growth? Drag and drop the choices into the boxes to correctly complete the table. Note: If an e
What is the value of the expression -7/4 + 21/4 + -3/4
it takes mike to read 10 min to finish reading 4 pages of a book how long does it take for him to finish reading 30 pages