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Ms. Beck has invested $1000 that will gain 2% annual interest, which can be calculated using the expression \large 1000\left(1.02\right)^t, where`t` is the number of years.

1. Determine how much money Ms. Beck would have after one year.

t =

Final Amount =



2. Determine how much money Ms. Beck would have after one half of a year.

t =

Final Amount =

2 Answers

1 vote

Answer: t=1

Final Answer=$1,020

t=1/2

Final Answer=$1,009.95

Step-by-step explanation: This is correct

User Iamsmug
by
8.0k points
5 votes

its cammy, im telling that your cheating (and i definitely wasnt looking up this same question)

User Atott
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8.0k points
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