kaykay1610
kaykay1610 kaykay1610
  • 27-04-2017
  • Mathematics
contestada

evan has $5 in a savings account that earns 5% interest, compounded annually to the nearest cent how much interest will he earn in 2 years

Respuesta :

HuytPOl
HuytPOl HuytPOl
  • 27-04-2017
Are you doing Algebra 2/ Geometry in school rn?

5(1.05)^2

5. 51 $

He will have 5 dollars and 51 cents in 2 years

Hope this helps
Answer Link

Otras preguntas

Which country's ratification of the Kyoto Protocol to reduce global warming brought the treaty into effect?
describe one way that cells use water
You have a job as a salesperson for which you are paid $6 per hour plus $1.25 for each sale made. Your earnings for an 8 hour day are $88. Find the number of sa
What are three equivalent ratio for 12/14
what is the expanded form for 6 x 532=
how do you solve 7a-3=3+6a
What is 2.32 writin in fraction form
explain how to get the product of 2 times the square root of 5 and 4 times the square root of 10
What are the six principles in the Preamble?
A water skier wants to be able to get up to a correct standing position faster. What type of activity would be the most appropriate to focus on during training