alexalaguna511 alexalaguna511
  • 23-03-2020
  • Mathematics
contestada

Max has $30 in a savings account. The interest rate is 10%, compounded annually. How much will he have in 2 years ?

Respuesta :

luis5132000
luis5132000 luis5132000
  • 23-03-2020

Answer: $66

Step-by-step explanation:

You will first do:

1) $30 + 10% = $33

Then times that by two years:

2) $33 x 2 = $66

Answer Link

Otras preguntas

: you have been hired as an it consultant by an entrepreneur starting a small advertising company called milleniads. as a start-up, your client's company is rel
What kind of change might driving law need to account for over time?
What force holds stars together? electrostatic force magnetic force force of gravity nuclear force
What event contributed to the outbreak of the spanish-american war?
Teaching American values in school can help shape a child’s _____. party loyalty informal learning political development public opinion
Which one of these excerpts from Mark Twain's Life on the Mississippi best shows that the story is told by a subjective narrator? A. If ever a youth was cor
How do you explain how this problem is solved? 2(4y+1)=3y how is this problem solved in details?
Since Southern blacks were not allowed to fight in the Civil War, how were they able to contribute to the war effort?
Which drug is used for treatment of withdrawal from narcotics, as well as an analgesic?
Devon works 5 days each week. He delivers 840 cases of bottled water every day to his customers. He charges $0.88 for each case he delivers. Devon also spends $