josiah181 josiah181

01-02-2021
Mathematics

contestada

Jerome deposits $3,700 in a certificate of deposit that pays 1.8% interest, compounded
annually. How much interest does Jerome earn in 1 year?

Respuesta :

sqvatorex sqvatorex

01-02-2021

Answer:

$66.60

Step-by-step explanation:

Find out how much money Jerome earns from the 1.8% interest.

100% = 3700

1% = 3700 ÷ 100 = 37

1.8% = 37 x 1.8 = 66.60

(Final answer)

Answer Link

Otras preguntas

How did allies hide from Germans D-day invasion plan?

which number is 100 less than 61 tens?

The fetus is nourished by the __________ during the first 7 weeks and by the _______ from week 8 through birth ?

I forgot what are homophones.Does anyone know what's a homophone.

How many union ships did the Virginia sink?

if the score is 90% and the total is 70 what is the number correct ?

Bethany's dog eats 450 grams of food per day. How many kilograms does the dog eat in a week

A hiking club has 9 members. How many ways can they choose a president, vice president, secretary, and treasurer from among the members?

what was the first industry to be regulated by the united states goverment? a. oil b.meat packing c. steel D.

what is 3 2/5 times 2 1/3