Answer:
$11,728
Step-by-step explanation:
Twice a year, for 4 years is 8 times
516×8 = 4128
Yearly for 4 years is 4 times
700×4 = 2800
Every month for 4 years is 48 times
100×48 = 4800
Minimum expenditure:
4128 + 2800 + 4800 = $11,728
Answer:
20%
Step-by-step explanation:
becuz 2×.2 = .4
subtract .4 from 2 and it's 1.6 and change the .2 to percentage
Answer:
Account Balance = Principal x (1 + interest rate (decimal)) number of years, compounded annually.
Step-by-step explanation:
This is based on the information provided: 2121.80 (1.03)2 = 2000 So, on your initial deposit of 2000, you can collect 121.80 in interest after two years.
