calvarez0324
calvarez0324 calvarez0324
  • 02-02-2021
  • Mathematics
contestada

Amount Accumulated: ?
Principal: $1,000
Interest Rate: 4%
Time: 2 years

need answer ASAP

Respuesta :

mtran7131 mtran7131
  • 02-02-2021

Answer:

Year 1

4% of $1,000 is $40

Year 2

4% of $1,040 is $41.6

The Princple has accumulated $1,081.60 dollars.

Answer Link

Otras preguntas

Simplify the expressions: cot 0 sec 0 A. Sin0 B. Csc0 C. Cos0 D. Cos* 0
What is the least common denominator for 5/6 and 3/8. 3/4 and 6/7
what's another word for over thinking?
What are the functions of receptors in our body? Think of a situation where receptors do not work properly. What problems are likely to arise?
What are the functions of receptors in our body? Think of a situation where receptors do not work properly. What problems are likely to arise?
how were north american colonies all similar in the 1700s?
Simplify the expressions: cot 0 sec 0 A. Sin0 B. Csc0 C. Cos0 D. Cos* 0
The function of the eardrum in the middle ear is to
what's another word for over thinking?
what is a high structure part of a church which has 5 letters