menu
Qammunity.org
Login
Register
My account
Edit my Profile
Private messages
My favorites
A savings account balance is compounded annually. If the interest rate is 2% per year and the current balance is $1,377.00 what will the balance be in 15 years?
Ask a Question
Questions
Unanswered
Tags
Ask a Question
A savings account balance is compounded annually. If the interest rate is 2% per year and the current balance is $1,377.00 what will the balance be in 15 years?
asked
May 2, 2023
168k
views
13
votes
A savings account balance is compounded annually. If the interest rate is 2% per year and the current balance is $1,377.00 what will the balance be in 15 years?
Mathematics
college
Nallath
asked
by
Nallath
9.6k
points
answer
comment
share this
share
0 Comments
Please
log in
or
register
to add a comment.
Please
log in
or
register
to answer this question.
1
Answer
4
votes
The amount would be 1377+206.55= 1583.55
Yuval Adam
answered
May 7, 2023
by
Yuval Adam
8.8k
points
ask related question
comment
share this
0 Comments
Please
log in
or
register
to add a comment.
← Prev Question
Next Question →
No related questions found
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.
9.4m
questions
12.2m
answers
Categories
All categories
Mathematics
(3.7m)
History
(955k)
English
(903k)
Biology
(716k)
Chemistry
(440k)
Physics
(405k)
Social Studies
(564k)
Advanced Placement
(27.5k)
SAT
(19.1k)
Geography
(146k)
Health
(283k)
Arts
(107k)
Business
(468k)
Computers & Tech
(195k)
French
(33.9k)
German
(4.9k)
Spanish
(174k)
Medicine
(125k)
Law
(53.4k)
Engineering
(74.2k)
Other Questions
How do you can you solve this problem 37 + y = 87; y =
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Write words to match the expression. 24- ( 6+3)
Twitter
WhatsApp
Facebook
Reddit
LinkedIn
Email
Link Copied!
Copy
Search Qammunity.org