baddestkitkat
baddestkitkat baddestkitkat
  • 11-12-2019
  • Mathematics
contestada


Show work help pleaseee

Nancy has $4,111 in an account that pays 1.07% interest compounded monthly.What is her ending balance after two years?

Respuesta :

SterlingSims
SterlingSims SterlingSims
  • 11-12-2019

Answer:

8,309.98‬

Step-by-step explanation:

So, you would start by multiplying 4,111 times 1.07% that equals 43.9877

We would round up to 43.99.

Add 43.99 to 4,111 that equals to 4,154.99‬

4,154.99‬ times 2 your answer is 8,309.98‬

Therefore your answer is $8,309.98‬

Answer Link

Otras preguntas

what is 91 divided by 7 in long division
how many times can 14 go into 98
About 13 out of 20 homes have a personal computer. On a street with 60 homes, how many would you expect to have a personal computer?
how can you use ratios to convert units of measurement
harsh, non-melodic, unpleasant sounding arrangement of words a. anaphora b. euphony c. allegory d. cacophony
so gradual as to not become apparent for a long time a. precipitous b. insidious c. initiate d. ominous
main issue of the constitutional convention
estimate the quotient 67 divide 4
What is 10.35 as a fraction?
Larissa asked 40 students to name their favorite food. 10 students said their favorite food was pizza. What percent of the students Larissa surveyed said their