Tuesday
July 29, 2014

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 ...
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 - This problem has to do with exponential models. The question says, you ...
math - You deposit $24000 in an account that pays 2.4% annual interest ...
math - you deposit $2200 in an account that pays 3% annual interest. after 15 ...
math - If you have a savings of $2235 and deposit the amount into an account ...
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 ...
Math - How much must you deposit in an account that pays 6% semi-annual ...

Search
Members