reedjessica53 reedjessica53

06-01-2018
Mathematics

contestada

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

Respuesta :

unheolysspirit unheolysspirit

18-11-2018

100% + 3% = 103%

103% ÷ 100% = 1.03%

2000 x 1.03% squared = 2121.8

Answer Link

Otras preguntas

3) Both Sabrina and Rex are saving money for a big purchase. Sabrina currently (week 0) has $112 saved, and Rex has $84 saved. Sabrina saves $10 each week and R

In a world of infinite numbers, is zero in the middle?

Mr.Yovela is using technology in his classroom to help the students in his class who have disabilities. In order to help them function in the classroom he provi

A group of college students went to their student union organization to request permission to hold a rally to protest the war in Iraq. Students were granted per

*URGENT*TEST TOMORROW* Dominic lived in Spain and Columbia for 20 months in order to learn Spanish. He learned an average of 120 words per month while living in

How did consumers weaken the economy in the late 1920s? a.Consumers only bought a limited number of products. b.Consumers bought too many goods they could not

please help :( Describe the people of the Stone Age and list what page your read about them in your text book.

Look at the graph of the equation y = 5x. Which statement is true? A) As x increases by 1, y decreases by 5 B) As x increases by 1, y increases by 5. C) As x in

A class is taking a trip to the aquarium. The teacher has received only 2 permission slips for every 5 students in the class. Use the graph. A. y 1 B. y 2 C.

Lindon Company is the exclusive distributor for an automotive product that sells for $40 per unit and has a CM ratio of 30%. The company’s fixed expenses are $1