The saving account will have 575.125 USD after 2 years.
Explanation:
Usually, when people want to save money in a bank, they get a particular compound interest rate. This is of benefit for both sides, as the bank has the money at disposal and uses them, while the saver gets certain amount of money because of it. The interest rates can vary greatly, and in this case we have 7.5%, which is a very large interest rate in modern times.
If the saver has 500 USD at the beginning, and leaves the money in the bank for two years, he/she will get solid amount of compound interest for it. In order to get to the result we simply need to add 7.5% of the amount to it, and for the next year to add 7.5% on the amount that has accumulated from the previous year:
(500/100)x7.5 = 537.5
(537.5/100)x7.5 = 575.125
We get a result of 575.125, meaning that the saver has managed to gain 75.125 in the two years that the 500 USD have been in the bank.
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The correct answers to these open questions are the following.
Although the are no options provided, we can say the following.
1) What personality characteristics did Jackson display during the Petticoat Affair?
President Andrew Jackson was very upset and angry during the Affair because he felt he had been the victim of a conspiracy. He thought that his enemies used the Petticoat Affair to damage him, while Jackson believed that this was just a social incident. He said that the issue was taking out of context and proportion.
2) Who was able to vote in the United States prior to Jackson’s presidency?
Prior to Andrew Jackson's presidency, white men with no property were able to vote in the United States elections.
Answer:
job opportunities, new life
Explanation:
many immigrants came to the US due to lack of money, jobs, or food and came for jobs
The military because a general is a leader in the military
Answer:
Oil
Explanation:
When overproduction occurred, it create a situation when the stock of the products far outnumbered the amount of people who are wiling to buy it. As a response, sellers started to reduce the price of the oil in order to make consumers more interested to buy it.
This caused a massive fall in oil price during the 1930s. Before the over production, the cost of oil at that time was around $ 1.88 / Barrel. After the overproduction, it became around 65 cents per barrel .