isaacmednozadean740 isaacmednozadean740

25-10-2019
Mathematics

contestada

Debbie has $70 in a savings account that earns 5% interest, compounded annually.

To the nearest cent, how much will she have in 2 years?

Respuesta :

iifeless iifeless

25-10-2019

Answer:

$14

Step-by-step explanation:

70*.05 = 3.5

3.5*2 = 7 <— multiplying by 2 because it’s compounded

7*2 = 14 <— multiplying by 2 because it’s in 2 years

Answer Link

Otras preguntas

What are the factors that change the pattern observed on a screen during Young’s double-slit experiment?

Find f (1) for the given piecewise function. 2x + 7, x > 2 f(x) = (4x-7, x≤2

governments sometimes erect barriers to trade other than tariffs and quotas. which of the following is not an example of this type of trade barrier?

A wildlife conservation group is designing a monitoring study of wallaby behaviour in a remote Queensland national park. The group has decided to study several

a disk 11.1 cm in radius rotates at a constant rate of 853 rev/min about its central axis. determine the radial acceleration of a point on the rim.

The steady-state distribution of temperature on a heated plate can be modeled by the Laplace equation: aT aT 0 = + dy? dx? If the plate is represented by a seri

a country that imports more goods than it exports is said to have a(n):

We will analyze the model bias and variance of a simple linear regression model with no intercept term, fe(2) = 0x. Note that x and 6 are both 1-dimensional. (a

__________ is a program that installs other items on a machine that is under attack.

Based on the definition of the magnetic flux, which of the following will without a doubt increase the magnetic flux? (more than one answer should be correct).\