keeponbelieving keeponbelieving
  • 01-07-2016
  • Mathematics
contestada

$1,000 after 2 years at an interest rate of 3.0% is round up to the nearest cent

Respuesta :

kallijay8
kallijay8 kallijay8
  • 01-07-2016
After two years with the interest compounded annually the amount would be $1,060.90.

After two years with the interest compounded monthly the amount would be $1,061.76.

After two years with the interest compounded quarterly the amount would be $1,061.60.

After two years with the interest compounded semiannually the amount would be $1,061.36.
Answer Link

Otras preguntas

who was Cristóbal Colón?
How do you write 280.75 in expanded form
In some states, real estate agents are legally required to A. hire home inspectors to perform pre-sale inspections. B. appraise the values of the
how did Lewis Hines work help influence child labor laws
Show an equation and a solution. How much pure antifreeze must be added to 12 L of a 40% solution to obtain a 60% solution. (Remember that pure antifreeze is 10
multiply an odd number by an odd gives an even number. Is it certain, likely, even, unlikely or impossible.
What are three mineral resources found in Brazil? gold silver bauxite iron ore copper
What element is a gas with a mass number of 19?
Which option presents citation information in the most credible way?
which type of energy is transfered by vibrational waves