a3u2raisaraputri a3u2raisaraputri

04-07-2016
Mathematics

contestada

find the balance on a deposit of $1,150 that earns 9% interest compounded annually for 2 years

Respuesta :

olemakpadu olemakpadu

10-07-2016

P = 1150, r = 9% = 0.09 per year, n = 2 years.

A = P(1 + r)ⁿ

A = 1150(1 + 0.09)²

A ≈ 1150(1.09)² ≈ 1366.32

Amount ≈ $ 1366.32

Answer Link

Otras preguntas

Tariq bought a new mazda for $18600. He wants to sell it in some years' time. Using the declining balance method of depreciation and a depreciation rate of 12%

Which continent has had the most wars? Which country/continent/city has been known to start them?

Name the property that justifies the statement. 10y2-0=0

onvoluta worms hatch in early spring. They crawl about in the mud feeding on algae, which find their way into the skin of the worms. There they prosper as they

Which expression is equivalent to logw((x^2-6)^4/(cube root x^2+8))

These two cubes represent a small cell and large cell . the formula for surface area of a cube is: surface area = 6 x (length of one side x width of one side)

With which of these statements would Thomas Jefferson have agreed?

Who reigned during the "Glorious Revolution"? James II Charles I William and Mary James I

Which inequality is equivalent to |x-4|<9

An oblique candle with a volume of 270 cubic centimeters is 18 centimeters tall. The width of the triangular candle base is 5 centimeters, and the width of the