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August 28, 2014

August 28, 2014

Posted by **MountainDew** on Tuesday, June 9, 2009 at 6:13am.

2, where R is the interest rate, gives the account balance after 2 years. Expand this expression and simplify. Find the account balance if R=0.04.

THANKS!!!!! A LOT!!

- Math -
**Damon**, Tuesday, June 9, 2009 at 6:16amP = 200 (1+R)^n

P = 200 (1.04)^2

= $216.32

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