2027dashonaemitchell
2027dashonaemitchell 2027dashonaemitchell
  • 09-12-2021
  • Mathematics
contestada

Bradley has $48,350 in a savings account that earns 3% interest per year. How much will he have in 24 months?

Respuesta :

khondokarsindeed
khondokarsindeed khondokarsindeed
  • 09-12-2021

Answer:

48350.06

Step-by-step explanation:

nvm I'm wrong is there a way to delete answer

Answer Link
musiclover10045
musiclover10045 musiclover10045
  • 09-12-2021

Use the simple interest formula:

Total = start value x( 1+ (interest rate x time In years))

Total = 48350 x (1+(0.03 x 2))

Total = 48350 x 1.06)

Total = $51,251

Answer Link

Otras preguntas

3/4(x-16)=2(x-3) +4 what is x equal to
you are picking an order and come across a box of perfume
Which property justifies the statement below?
What is the measure of angle A′OB′?
In which continent is Uganda found
I don't understand how shift in verb voice or mood work
What is the chemical composition of water? O 1 hydrogen and 2 oxygen molecules O 2 hydrogen and 3 oxygen molecules O 2 hydrogen and 1 oxygen molecules O 3 hydro
how do i write the word form and the expanded form for 3.4 and 2.51
visual aids can be very useful to a speaker because they
Which of the following is an item of capital expenditure?A. repairs to a machineB. purchase of a machineC. cost of goods soldD. wages cost​