sydneelittle7183 sydneelittle7183

24-06-2021
Mathematics

contestada

You decide to invest $500 in an account that earns 4% interest compounded annually. What is the total amount of your investment after 2 years?

Respuesta :

fayebell2 fayebell2

24-06-2021

Answer:

$540.8

Step-by-step explanation:

$500 x 1.04^2 = $540.8

Multiply by 1.04^2 as it is a percentile increase for interest

Answer Link

Otras preguntas

How many neutrons does Uranium-238 have if it has 92 protons?

How many valence electrons does chlorine have?

please help Which military leader defended the city of Orléans against an English siege during the Hundred Years' War? A. Eleanor of Aquitaine B. King Charles C

How many neutrons does Uranium-238 have if it has 92 protons?

the number of daylight hours changes during the year because?

Is it reasonable to conclude that all mammals could have evolved from a common ancestor?

What is pineal gland primarily responsible for?

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

what is 5/6 as a percent rounded to the nearest hundredth

26) Which of the following is not true concerning the American two-party system: A) It is rooted in America's British tradition. B) It is required by the Consti