Posted by **Kayla** on Monday, March 8, 2010 at 10:19pm.

You deposit $500 in an account that pays 3% annual interest. Find the balance after 2 years if the interst is compounded with the given frequency.

a) annually

b) quarterly

c) daily

## Answer This Question

## Related Questions

- Algebra - Show how you substitute the values into the formula, then use your ...
- math - This problem has to do with exponential models. The question says, you ...
- math - You deposit $2200 in an account that pays 3% annual interest. After 15 ...
- Math - Write a function that represents the situation. Find the balance A in the...
- Alg 2 - Suppose you deposit a principal amount of p dollars in a bank account ...
- Alg2 - Help....Help... Suppose you deposit a principal amount of p dollars in a ...
- algebra 2 - you deposit $3500 in an account that earns 2.5% annual interest. ...
- magh - suppose you put money into teo different bank accounts. In account #1 you...
- Math - How much must you deposit in an account that pays 6% semi-annual interest...
- Math - you deposit $1000 at 3% per year.what is the balance at the end of one ...

More Related Questions