liztiejnzd
liztiejnzd liztiejnzd
  • 15-06-2016
  • Mathematics
contestada

What is the future value in one year of an account that has $450 deposited in it, and earns a 2.1% annual interest rate?

Respuesta :

meerkat18
meerkat18 meerkat18
  • 15-06-2016
Answer:
The future value of the account that has $450 deposited and 2.1% annual interest rate in one year will be $459.45

Solution:
First convert the percent rate into a decimal, 2.1% to 0.021.
Second multiply account deposited to your rate then you will get $9.45
Third add the interest rate to your account deposited then you will get $459.45


Answer Link

Otras preguntas

2 kg Use 10 m/s2 for g
pls answer QUICKLY!!!!!!!!!!!!!! its just basic geo on khan thank u :))))
What’s the answer?????
How did W.E.B. Dubois change from assimilationist to an antiracist mindset?
what is cerebral presley?
Please help I dont understand
What is the slope below?
Read the paragraph from a narrative essay. It was the last day of training on the military base. When the company graduated, they would be sent to Europe to fig
What would a poor farmer in a very poor country most likely do to prevent leaching? A. The farmer would buy expensive fertilizer to keep the soil full of nutrie
VERY POLITICAL QUESTION would u rather eat chicken wing or chicken drumstick​