kate242 kate242
  • 03-02-2018
  • Business
contestada

You put $500 in an interest-bearing bank account that pays 2% per year has a fee of two dollars per month. Are you getting ahead?

Respuesta :

Classic61l Classic61l
  • 03-02-2018
2% of $500 = $10

$2 per month for a fee = $12 in fees

You ar losing $2 every year
Answer Link

Otras preguntas

please answer quickly
Select a setting so that each given point will lie within the viewing window. (-13,3), (0,0).(-2,-7)
the medical assistant always workd as a agent of the _____.
Colors of snow and ice - recede a)Cool Colors b)Analogous c)warm colors d)Monochromatic e)Complimentary
On Wednesday, Joel, who is right-footed, takes exactly 20\%20%20, percent of his practice shots on goal with his left foot. Joel takes 141414 shots with his lef
find the value of x​
Solve the given equation for x. 8−65x=10
A $20,000 investment earned a simple interest rate of 5.4%. How much interest was earned in one year?
HELP! The pattern 9, 18, 36, 72, ________ follows the rule multiply by 2. What is the next number in the pattern? A. 144 B. 148 C. 216 D. 244
1. What is the Federal Reserve (or the Fed)?2. What does the Federal Reserve do?3. Why is the Federal Reserve important?​