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.
Answer:
3y
Step-by-step explanation:
Sue Brown owes $280.00 in state taxes for the month.
Step-by-step explanation:
Given,
Gross pay of Sue in June = $8000
Tax rate = 3.5%
As full amount is taxable; therefore
Amount of tax to be paid = 3.5% of pay of June
Amount of tax to be paid = 
Amount of tax to be paid = 0.035*8000
Amount of tax to be paid = $280.00
Sue Brown owes $280.00 in state taxes for the month.
Keywords: percentage, multiplication
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Answer: Trinomial
Step-by-step explanation: