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inn [45]
3 years ago
7

ONLY ANSWER CORRECTLY

Mathematics
1 answer:
Nataly [62]3 years ago
5 0

Answer:

C 0.245

Step-by-step explanation:

have a good day/night sorry if wrong may i please have a bralliest

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Answer:

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Step-by-step explanation:

Hope this helps.

3 0
2 years ago
Margaret deposits $1,000 in a savings account that pays 1.4% interest compounded
ozzi

Answer:

The balance after 1 year is;

$1,014.05

Step-by-step explanation:

To do this, we use the compound interest formula

That will be ;

A =P (1 + r/n)^nt

A is the amount generated which we want to calculate

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P is the amount deposited = $1,000

n is the number of times it is compounded annually which is 2 (semi-annually means 2 times in a year)

this the number of years which is 1

we have this as:

A = 1,000( 1 + 0.014/2)^(2*1)

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A = $1,014.05

8 0
3 years ago
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