Mathematics, 16.03.2020 20:24, jamayeah02

Question 1
A bank account that earns 1% interest each month has
a balance of $1,500. Any interest is deposited into the
account, and no further deposits or withdrawals are
made.
Noah thinks that after two months the balance will be
$1,530 because 2% of 1,500 is 30.
Do you agree with Noah? Explain your reasoning,

Answers: 2

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Question 1
A bank account that earns 1% interest each month has
a balance of $1,500. Any...