alishapool32
alishapool32 alishapool32
  • 13-01-2021
  • Mathematics
contestada

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

Respuesta :

Pat100
Pat100 Pat100
  • 13-01-2021

Answer:

Interest =(Principle ×Rate×Time)/100

=(2000×3×2)/100

=$120

Total money in the account=$120+$2000

=$2120

Step-by-step explanation:

Answer Link

Otras preguntas

What is Mohandas Gandhi best known for? opposition to Hindus holding political office encouragement of any means necessary to end British rule use of passive re
Which monarch ruled England when Jamestown and Plymouth were settled? A. Powhatan B. Elizabeth I C. James I D. Ferdinand
The angles of a triangle are 2x, 3x, and 4x degrees. Find the value of x. A) 20 B) 30 C) 40 D) 50
what are the 4 parts of darwins theory of natural selection?
what is 4/10 + 55/100
what interval would be appropriate to graph the data?
What is ironic about the line: "Nohbdy will not get out alive, I swear."
Which words make up the adverb phrase in this sentence? The bees returned to their hive. A. returned to B. to their hive C. bees returned D. The bees
what version of reality did pablo picasso and the other cubists represent in their painting
why do doctors try to use autograft rather than allografts on burn patients