Mathematics

26 June, 23:19

Abigail has an account that pays 6.92% simple interest per year and wants to accumulate $5,896 in interest from this account over six years. How much money should Abigail invest in this account to meet this goal? a. $2,448.02 b. $8,344.10 c. $14,200.39 d. $20,096.67

+5

Answers (1)

Know the Answer?

Not Sure About the Answer?

Find an answer to your question 👍 “Abigail has an account that pays 6.92% simple interest per year and wants to accumulate $5,896 in interest from this account over six ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.

Search for Other Answers

You Might be Interested in

Solve the equation by using the Properties of Equality 7/3y + 2 = 1/2

A high school purchases a printing machine that can put lettering on clothing for $6000. The school plans to print T-shirts with the school logo and sell them. Each T-shirt costs the school $4 and will sell for $12.

Huilan's age is two times thomas's age. the sum of their ages is 84. what is thomas's age?

manager needs to buy chairs for his office the price for 1 chair is 79.99 dollars. If the manager buys 2 or more chairs then he get's a 40% discount on each chair. Approximately how much will the manager save on each chair if he buys 2?

What what kind of triangles are the coolest

New Questions in Mathematics

Name a fraction equivalent to 2/3

The teacher has 15 gold prize ribbons, 22 blue ribbons, and 5e red ribbons. There are 12 boys and 18 girls in the class.

3 (6x^2-5x+7) - 2 (-4x^2+8-10)

A model ship is built to a scale of 1 centimeter: 5 meters

Simply: x^3 y^3 / x^3 y^2 (the arrows mean to the power of the number)