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

Help plz really plzz

a mixed number greater than 12/4 and less than 15/4

help!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! plzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz! can anyone answer all of the unanswered questions in the picture plzzzzzzzzzzzzzzzzzzzzzz

The majority of the Arabian Peninsula consists og what climate and geographical features?A.hot dry desert B.hot humid rainforest C. cold tundra D. warm muggy we

A group of people consist of 266 persons there 4times as many men as children and 2 times as many women as children how of each are there?

Who revolted in November 1917 in Petrograd and took power from the Provisional Government? Question 10 options: A. Mensheviks, led by Stalin and Petrosky

find the difference 6 3/5 - 2 1/4 A) 4 7/20 B) 2 1/4 C) 8 17/20 D) 6 3/5

Linda: ¿Abuelita, quiere usted este pastel de chocolate? Abuelita: ¡No _______ el pastel de chocolate! Estoy a dieta. Tú puedes comerlo.

which to ratios are equivalent to 7:84

Bryce has $43,200 in a savings account that earns 14% interest per year. The interest is not compounded. How much will he have in 4 months? Use the formula i =