answersLogoWhite

0


Best Answer

Assuming the interest is NOT compound - 3 years !

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: How long will it take Mr Books to earn 675 in interest if he invests 4500 at an annual rate of 5 percent?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Little Books Inc recently reported 3 million in net income Its EBIT was 6 million and its tax rate was 40 percent What was its interest expense?

$1000000


What is 10 percent of 20 books?

2 books


What is the average annual cost for college text books?

900


What percent is one sixth of 360 books?

6000% books. 6000% books. 6000% books. 6000% books.


What are the 2 books of freemasons?

Innumerable books have been written by and about Freemasons. Which two are of interest to you?


How do you record carried interest in accounting?

do carried interest partners have any capital ownership on books


When did Jeannie baker start her interest?

Well I might think when she loved hers books she had her interest


Why are books reviewed?

To generate interest and therefore, sales.


What percent of books sold are classics?

76%


What percent of children in the average class like books?

100% in my class liked to have books


There are 60 books on a shelf 24 of them are non-fiction What percent is non-fiction?

Non-fiction books make up 40% of the total number of books on the shelf. (24 non-fiction books / 60 total books) * 100 = 40%.


What percentage of books are fiction if a box holds 78 books and 34 of those books are fiction?

Approx 44 percent.