Answer:
$1,061
Step-by-step explanation:
2% of 1000 is 20.
If 2% is compounded yearly, then
year one- $1,020
year two- $1,040.40
year three- $1,061.21
Rounded to the nearest whole dollar, Elaine would have $1,061 in her savings account after three years.
<span>f = v + at
Subtract v from both sides.
f - v = at
Divide both sides by a.
(f - v)/a = t
Switch sides.
t = (f - v)/a

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The dependent value is determine by the value of the independent value. in other words, the dependent value is what you get when you take the independent value and substitute it in the original equation or situation. The relationship is multiplicative because you must first multiply the independent value in the equation where the x is before you can add or subtract to get your answer.<span />