shymitch32
03.02.2020 •
Mathematics
Suppose that $3000 is placed in an account that pays 9% interest compound each year. assume that no withdrawals are made from the account. find the amount in the account at the end of year 2
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Ответ:
$3564.30 by the end of the year.
Step-by-step explanation:
1.) 3000 * 0.09
= 270.
2.) 3000 + 270 = $3270 by end of year 1.
3.) 3270 * 0.09
= 294.3
4.) 3270 + 294.3 = $3564.30 by end of year 2.
Extra.) [Don't forget to add ^^^ the zero when you switch it to money]
Ответ: