1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Tanzania [10]
3 years ago
11

If 2000 is placed into a bank account that pays 3% compound interest per year how much will be in the account after 2 years

Mathematics
1 answer:
Margarita [4]3 years ago
5 0

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.

You might be interested in
What is the length of the missing side?​
Anna [14]

Answer:

first one x = 26

second one x = 11.12

Step-by-step explanation:

a^2 + b^2 = c^2

24^2 + 10^2 = c^2

676 = c^2

26 = c

a^2 = c^2 - b^2

a^2 = 12^2 - 4.5^2

a^2 = 123.75

a = 11.12

4 0
3 years ago
Consider the tables created using an initial investment of $1,000 and quarterly compounding of interest.
Andru [333]

Answer:

(d)  The functions are not inverses because for each ordered pair (x, y) for one function, there is no corresponding ordered pair (y, x) for the other function.

Step-by-step explanation:

If functions are represented by a table of ordered pairs, their inverse function is the set of ordered pairs with the x- and y-values swapped.

Here, for (x, y) = (0.75, 1038.18), the pair from the other table that begins to correspond is (y, x) = (0.75, 1057.81). These reversed pairs are not the same, so the functions are not inverses of each other.

_____

<em>Comment on the tables</em>

Table A is for a 5-year investment; table B is for a 7.5 year investment. They cannot be inverses of each other.

8 0
4 years ago
Read 2 more answers
I'm not really 100% sure on how to do this??
Cloud [144]
XPY is the circumference minus XY

the angle of arc XY is 90 degrees

a full revolution of a circle is 360 degrees

the distance XY is 1/4 of the circumference of the circle

the circumference of a circle is C=2 pi r

r is 10m

the circumference is 20 pi

1/4 of 20 is 5

the distance of arc XY is 5 pi

20pi - 5 pi = 15 pi
7 0
4 years ago
What is the volume of the square pyramid?
Natalka [10]

if i help you, i hope you help me.

Vpyramid: 1/3BH

1/3(5)(14.2)=

23.6666666667 ROUNDED 23.7

8 0
3 years ago
The MagicSoft software company has a proposal to the city council of Alva, Florida, to relocate there. The proposal
lana66690 [7]

Answer:

  • b. $2.3 million

Step-by-step explanation:

<u>Correct estimate is total generated amount minus salaries:</u>

  • $3.3 million - $1 million = $2.3 million

Correct answer choice is B.

8 0
3 years ago
Other questions:
  • In which order should you look for assistance with college expenses? A) savings, scholarships, merit aid Federal loans, non-gove
    9·1 answer
  • Need some help please
    10·2 answers
  • Plz help me with this and explain how u got the answer
    7·1 answer
  • Which of the following scenario could be represented by 2/5?
    14·2 answers
  • Ana worked 5 hours and earned $100. What would happen to her wages earned if she worked for 10 hours? Explain your reasoning as
    6·1 answer
  • Mr dambek had $90 to spend at the bulls game he spent 31/45 on his ticket the. He spent 3/7 of his remaining money at the conces
    11·1 answer
  • Cathy is purchasing a DVD player and tv at the local electronic store. The DVD player costs $49.36 and the tv cost $705.20. If s
    8·1 answer
  • Solve for xxx. Your answer must be simplified. -4+x≤9
    5·1 answer
  • -4(y-2)=12 help please​
    8·2 answers
  • Here's the next(Sorry I've been a little late on them(And BTW I will base my questions on measurments for Cars, Boats and Vessel
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!