Jeffersonville Bank is offering it's customers a record 3.4% compound interest on new savings accounts. Mr. Kirks opens an accou

Question

telo118 [61]

3 years ago

13

Jeffersonville Bank is offering it's customers a record 3.4% compound interest on new savings accounts. Mr. Kirks opens an accou

nt with $2,100. How much will his balance be after 3 years?

Mathematics

1 answer:

slega [8] · Answer 1 · 2022-07-03T05:27:17+03:00

slega [8]3 years ago

6 0

The answer to ur question is $2171.40. to find the answer out you would divide 2,100 by 100 then multiply that by 3.4 and ur answer would be 71.4 and jus add that to his total and u have ur answer