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Mathematics, 21.01.2021 20:10 frisha
I really need the answers to these. Please show your work. Thank you so much!
If Michael invests $2000 in the bank at a rate of 5.5% for 6 years how much interest will he make?
Kelsey takes out a loan for $6000 to start a business after high school. The bank charges her 8% interest for the loan. After 5 years how much interest will be added on to the loan?
Jessie invests $3345 in the stock market. Over the 3 years she has this invested she gets an average return of 7.8%. How much will her investment be worth after the 3 years?
Taylor has just won $4,250 from the 50/50 at the Sea Dog's game and decides to invest all of it. If he makes $1275 with a 5% interest rate, how long must he have had the money invested?
At what rate would you need to invest $12000 and make $2880 after 8 years?
Morgan has an investment worth $130,000 dollars after 20 years. If his original investment was for $50,000 what must the interest rate have been?
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I really need the answers to these. Please show your work. Thank you so much!
If Michael invests $2...
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