Question

one thousand dollars is invested in a savings account that pays 9% interest per year

Answer 1

thats great u will be rich soon

Answer 2

if inflation doesnt screw u

Answer 3

i need the answer

Answer 4

i need the question

Answer 5

One thousand dollars is invested in a savings account that pays 9% interest per year. The interest earned after the first year is added to the account. How much interest is earned on the new principal the following year?

Answer 6

9% of (9%of1000+1000)

Answer 7

that the the answer?

Answer 8

ya

Answer 9

Juan bought a pickup truck for $16,000. He paid $1,000 down and borrowed the rest on a one year note at 16% interest. How much will he owe at the end of one year?