cadejock cadejock

06-03-2014
Mathematics

Answered

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

Answer :

iloveonedirection iloveonedirection

24-07-2014

Step One: Calculate interest.

[tex]1150*0.09=103.5[/tex]

Step Two: Calculate the amount at the end of the first year.

[tex]1150+103.5=1253.5[/tex]

Step Three: Calculate the amount at the end of the second year. This will be your final answer.

[tex]1253.5+103.5=1357[/tex]

$1357 balance

Answer Link

Other Questions

12 7/12 subtracted by 5 14/5

how much km are in 3,400m

A force of 64 N is applied to an 8 kg. Mass. What is the acceleration of the mass.

CFC stands for what?

A tennis player hits a 1.45 kg tennis ball with a racket of mass 2.5 kg. If he hits the ball with a velocity of 7.5 m/s and then stops, what impulse did he impl

The first painter can finish a paint job in two hours. The second painter can finish the same job in 8 hours. How long will it take them to finish the job if th

covert 35 cm/sec to 21 m/min

Which group of anti-Soviets did the U.S. support in Afghanistan? A. el-Sadat supporters B. Grenadian freedom fighters C. Khomeini backers D. Mujahadeen E.

how to write a story context that would be represented by the ratio 1:4

h(t) = -5t^2+20t+1 what time does the ball reach the same height it was kicked at again? When does the ball reach its max height? What is the max height?