Principal- $10,000 Rate- 2% Compounded- annually Time- 4 years A. Find how much money there will be in the account after the given number of years. B. Find the interest eamed (Round to the nearest hundredth

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question

asked Aug 9, 2022 216k views

1 vote

Principal- $10,000

Rate- 2%

Compounded- annually

Time- 4 years

A. Find how much money there will be in the account after the given number of years.
B. Find the interest eamed

(Round to the nearest hundredth as needed.)

Mathematics
high-school

Ales Potocnik asked

by Ales Potocnik

3.4k points

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

0 votes

Answer:

Intrest= PTR ÷100=10000×2×4=80000÷100=800

=800+10000=108000

Byron Sommardahl answered Aug 15, 2022

by Byron Sommardahl

3.5k points

0 Comments

Please log in or register to add a comment.

Ask a Question

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

3.6m questions

4.5m answers

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

0 Comments

Please log in or register to add a comment.

Other Questions