Monday

December 22, 2014

December 22, 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

**Answer this Question**

**Related Questions**

Math - (a) Themba wants to deposit a sum of money into a savings account so that...

Math - Please check my work, thank you If $7,800 is deposited into an account ...

Pre Algebra - You deposit $3350 into a savings account that earns 5% interest ...

math - If you have a savings of $2235 and deposit the amount into an account ...

compound interest - At the beginning of every year, Molly deposits $200 in a ...

differential equation - If P(t) is the amount of dollars in a savings bank ...

math - Rob has a balance of 1695$ in his bank account The account pays 2.9% ...

essential Mathematics - if on the first of january a savings account has a ...

Math - Suppose Kevin and Jill both deposit $4000 into their personal accounts. ...

math - Samantha opened a savings account and deposited some money into the ...