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

what is a set of javascript statements that result in an action?a. alert boxb. comparison c. syntaxd. function

What are the x intercepts of the quadratic function? Y=-x^2+2x-1

Which three events led to the American Revolution?

what is the standard deviation of 4,7,8,9,12

The graph of a quadratic equation always has an extreme location (maximum or minimum). State whether the parabola opens upward or downward, whether it has a max

What volume of 0.12M Ba(OH)2 is needed to neutralize 12.2 mL of 0.25M HCl? * 25 ml 13 ml 50ml 125 ml

If f(x) = 5x + 4, which of the following is the inverse of f(x)?

Read the passage. And there were gardens bright with sinuous rills, Where blossomed many an incense-bearing tree; And here were forests ancient as the hills

1. The fabric Josef is using comes in 100 square-inch pieces that cost $6.25 each. What will his fabric cost? Show your work. 2. a student made a toy chest for

Examine the two-step equation. − 7 4 + x 4 = 2 Which property of operations allows you to add the same constant term to both sides?