Answered


Morgan has an investment worth $30,000 dollars invested at 5% simple
interest. If no withdrawals or deposits were made, what is the balance
after 20 years?
O
$50,000
O
$45.000
$60,000
O
$80,000

Answer :

annalaralombardi

Answer:

in 20 years there would be 60,000                                      

Step-by-step explanation:

So there is $3655.21 in the account after 4 years (where $3000 is invested at an interest rate of 5% each year and it's compounded semiannually).

Answer:

it is the one with 60,000

Step-by-step explanation:

Other Questions