audreysinfinity audreysinfinity
  • 20-08-2017
  • Mathematics
contestada

You deposit 1,000 for 4 years at an interest rate of 2.0%. If the interest is compounded annually, how much money do you have after the four years

Respuesta :

wolf1728
wolf1728 wolf1728
  • 21-08-2017
Total = Principal * (1+ rate)^ years
Total = 1,000.00 * (1.02)^4
Total = 1,000.00 * 1.08243216
Total = 1,082.43
Answer Link

Otras preguntas

The Black Death killed nearly 38 million people, resulting in
What is the solution to the equation? 7(5 + 9) = 7 · x + 7 · 9 A. x = 1 B. x = 5 C. x = 7 D. x = 9
How is Canterbury Cathedral related to the story of Thomas à Becket?
both the declaration of independence and the social contract theory both arose from which philosophical movement?
What was the purpose of the 13th Amendment?
a chart that shows all the possible combinations of alleles that can result from a genetic cross called an?
What's the square root of 1,728 with a exponent of 3?
how to write the inverse of 3x+4y=12 in f^-1 (x)?
convert 42/30 into a percent and decimal.
2.90 divided by 29 useing comparible numbers