Calculate the interest in a year
Multiply the annual percentage of interest by the investment to find the interest.
interest in a year = 2% × 1,000
interest in a year = 0.02 × 1,000
interest in a year = 20
The annual interest is $20
Calculate the interest after 10 years
Multiply the annual interest by 10
interest 10 years = 20 × 10
interest 10 years = 200
The sum of interest after 10 years is $200
Find total investment
investment = first investment + interest in 10 years
investment = 1,000 + 200
investment = 1,200
The investment will be worth $1,200 in 10 years
Answer:
it is 3/3
Step-by-step explanation:
2 tan is 2/3 +cos is 1/4 +2/4
Answer: 40
Step-by-step explanation:
3x-10=x+70
3x-x=70+10
2x=80
x=8<u>0</u>
2
x=40
Answer:
52,552
Step-by-step explanation:
sorry about my old answer i clicked the wrong number
Answer:
$2.01.
Step-by-step explanation:
Tax paid = 5.5% * 36.60
= 0.055 * 36.60
= 2.013
