Sunday
March 1, 2015

Homework Help: algebra

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

First Name:
School Subject:
Answer:

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 ...
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. ...
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 ...
Math - you deposit $1000 at 3% per year.what is the balance at the end of one ...
math - We deposited 7,500 dollars into a savings account which pays 3.6 percent ...

Members