Math

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you deposit $1000 at 3% per year.what is the balance at the end of one year,and what is the annual yield,if the interest.Please help solve the problem.

Simple interest?

Compounded annually?

Compounded quarterly

Compounded daily

  • Math -

    430.00

  • Math -

    1000*3/100*1=30
    1000*3/100*1=30
    1000*3/100*1=30
    30/4=7.5
    1000*3/100*1=30
    30/365=0.082

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