Mathematics
Mathematics, 24.05.2020 20:58, grangian06

Andrew deposits 300 into an account that earns 2% interest each year. After the first year, Andrew has 306 in the account. After the second year ,andrew has 312 in the account, and after the 3rd year, Andrew has 318 in the account. Is it simple interest or compound interest?

answer
Answers: 1

Other questions on the subject: Mathematics

image
Mathematics, 21.06.2019 21:00, makayla10119
When george started his current job, his employer told him that at the end of the first year, he would receive two vacation days. after each year worked, his number of vacation days will double up to five work weeks (25days) of payed vacation. how many vacation days will he have in 4 years
Answers: 1
image
Mathematics, 21.06.2019 23:30, meiyrarodriguez
Write an inequality for this sentence the quotient of a number and -5 increased by 4 is at most 8
Answers: 1
image
Mathematics, 22.06.2019 01:30, lexyjasmin6781
Write the equation of the circle centered at (10,-2) with radius 2
Answers: 2
image
Mathematics, 22.06.2019 02:30, reneewilliams20
Alex buys a home for $276,400. his home is predicted to increase in value 3.5% each year. what is the predicted value of alex’s home in 25 years? a. 621,357 b. 635,191 c. 653,201 d. 673,415
Answers: 1
Do you know the correct answer?
Andrew deposits 300 into an account that earns 2% interest each year. After the first year, Andrew h...

Questions in other subjects: