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

Look at the following sum. 1 + 1⁄2 + 1⁄4 + 1⁄8 + 1⁄16 + 1⁄32 + 1⁄64. . . Notice that the denominator of each fraction in the sum is twice the denominator that

How many different 7-place license plates are possible if the first 2 places are for letters and the other 5 for numbers? repeat the problem under the assumptio

A client is undergoing a left modified radical mastectomy for breast cancer. postoperatively, blood pressure should be obtained from the client's right arm, and

Not sure what to do here?

How can u find the volume in something

How does the way a buffer stabilizes ph during addition of acid differ from the way the same buffer stabilizes ph during addition of base?

Please help me answer the first question! It would help me out a lot!!!!

Help me answer 49, ignore number 50 please.

Mohamed by 31 cups of coffee each week. If a cup of coffee cost D dollars and Mohammed by approximately the same number of coffee each day, Which would be a mat

Describe 3 ways that you can make sure you understand what your boss is asking for in his/ her email