Mathematics, 25.02.2021 20:00, Arleth25
Lee opened a savings account and deposited $700.00. The
account earns 2% interest, compounded annually. If he wants
to use the money to buy a new bicycle in 3 years, how much
will he be able to spend on the bike?
nt
1
Use the formula A = P(1+
where A is the balance (final
amount), P is the principal (starting amount), r is the interest
rate expressed as a decimal, n is the number of times per
year that the interest is compounded, and t is the time in
years,
Round your answer to the nearest cent.
Answers: 1
Mathematics, 21.06.2019 19:30, mariaaaaa69
Complete the solution of the equation. find the value of y when x equals to 28 x+3y=28
Answers: 2
Lee opened a savings account and deposited $700.00. The
account earns 2% interest, compounded ann...
Mathematics, 19.05.2020 03:10