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Jake invested $800 in a savings account at a 2.5% annual interest rate. He made no deposits or withdrawals on the account for 2 years. The interest was compounded annually. Find…
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Jake invested $800 in a savings account at a 2.5% annual interest rate. He made no deposits or withdrawals on the account for 2 years. The interest was compounded annually. Find…
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Feb 20, 2022
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jake invested $800 in a savings account at a 2.5% annual interest rate. He made no deposits or withdrawals on the account for 2 years. The interest was compounded annually. Find, to the nearest cent, the balance in the account after 2 years.
Mathematics
high-school
Benjamin Pasero
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Answer:
$840.5
Explanation:
x=800
x=840.5
John Hazen
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Feb 27, 2022
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John Hazen
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