walidwalidnawa1 walidwalidnawa1

02-01-2018
Mathematics

contestada

if £2000 is placed into a bank account that pay 3% compound interest per year how much will be in the account after 2 year

Respuesta :

altavistard altavistard

02-01-2018

Use the compound amount formula:

A = P(1+r)^t

Here, A = £2000 (1+0.03)^2 = £2121.80 (answer)

Answer Link

Otras preguntas

In what way were Otto von Bismarck and Giuseppe Garibaldi comparable? a. Both men opposed the borders created by the Congress of Vienna. b. Both men promoted na

Monica Lewinski was granted immunity in exchange for her testimony against President Clinton. What was she being granted immunity from? a. embezzlement b. fraud

Which of the following was a feature of Athenian democracy during the 5th century b. . a. ll citizens had the same wealth and social status. b. he number of vo

which state of matter expands when heated and is easy to compress?

Utilizing a four-crop rotation method increased agricultural yields around the world because this practice ___________.

What is half of 750

A periodic wave has a fixed pattern that is repeated. What is one completion of the wave pattern called? a. period b. frequency c. amplitude d. cycle e. phase

In which decade did the first airplane ride with passengers occur?

Lily Quinn makes $12.50 and hour. She works four hours on Monday, six hours on Tuesday, nine hours on Wednesday, three hours on Thursday, and seven hours on Fri

DeLissa wants to dress and act like Marisol, who is a very popular and attractive girl at school. What type of peer pressure is DeLissa reacting to?