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$385.80 per month for six months.

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Q: 2300 at 2.2 percent for 6 months?
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How many 2300 grams can go in 6 kilograms?

6 kilograms / 2300 grams = 6000 grams / 2300 grams = 2.6 approx. 6 kilograms / 2300 grams = 6000 grams / 2300 grams = 2.6 approx. 6 kilograms / 2300 grams = 6000 grams / 2300 grams = 2.6 approx. 6 kilograms / 2300 grams = 6000 grams / 2300 grams = 2.6 approx.


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If John invests 2300 in a savings account with a 6 percent interest rate compounded annually how long will it take until John's account has a balance of 4150?

Use Compound interest formula I(n) =I(o)[1 + r/100]^n Where I(n) is final amount (4150) I(o) is initial amount (2300) r is rate percent = 6% n is the number of years. ( to be found) Substitute 4150 = 2300 [ 1 + 6/100]^n 4150 = 2300 [ 1.06]^n 1.06^n = 4150/2300 1.06^n = 1.804347826 Take logs to base '10' ( 'log' on the calculator) . log 1.06^n = log 1.804347826 nlog1.06 = log 1.804347826 n(0.025305865 =0.25632026 n = 0.25632026 / 0.025305865 n = 10.12888743 yrs. n ~ 10.125 = 10 1/8 yrs.