Old time savings bank pays 4% interest on its savings accounts. if you deposit $1,000 in the bank and leave it there: (do not ro
und intermediate calculations. round your answers to 2 decimal places.) a. how much interest will you earn in the first year?
b. how much interest will you earn in the second year?
c. how much interest will you earn in the 10th year?
A. $40, because you would do 1,000 × 1.04 = $1,040, and then subtract the original $1,000. b. $81.60, because 1,000 × 1.04² = 1,081.6 c. $480.24, because 1,000 × 1.04^10 = 1,480.24. I have used the formula for compound interest presuming you were aware of it, but I will be happy to explain what I did if you want :). I hope this helps!
You found the area of each side of the rectangular prism, subtracting the missing area from the front and back sides of the prism. Then you added together the area of all 6 faces to find the total outer surface area.
