You deposit $1000 for 4 years at an interest rate of 2.0%. If the interest is compounded annually, how much money do you have after the four years? A.$1,082.40 B. $1,100.00 C.$1,103.80 D.$1,344.90. Redo question 18 above with the same amount of deposit and the same interest rate, but with the interest compounded quarterly. How much money would you have at the end of the four years in this situation?
A.$1,081.70
B.$1,083.10
C.$1,110.80
D.$1,351.30
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “You deposit $1000 for 4 years at an interest rate of 2.0%. If the interest is compounded annually, how much money do you have after the ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Chuck drinks 57.65 fluid ounces of water per day. How much water does he drink in 6 days?
Answers (1)
Alex sells cars at Keefe Palmer Ford he earns $400 a week plus $150 per car he sells if you're in the 1450 last week how many cars did you sell
Answers (1)
What number is equivalent to 0.17 * 10
Answers (1)
Evaluate the expression x : y for x = 8 and y = 16. A. The answer is X divided by Y B. Put in 8 and 16 to get 816 C. 1/2 D. 2
Answers (1)
Complete the statements about circle z. a central angle, such as angle of circle z, is an angle whose vertex is and whose sides are radii of the circle. angle is not a central angle of circle z.
Answers (1)
New Questions in Mathematics
What is 3.75 rounded to
Answers (2)
A child takes a nap averaging three hours and gets an average of 12 hours of sleep at night. Nap time and night time sleep can each vary by 30 mins. What are the possible time lengths for the child's nap and night time sleep? ... ?
Answers (1)
4x - 10 ≥ 22 or x - 5 < - 6
Answers (1)
What does control for eximerment mean .
Answers (2)
A scientist estimated that a mixture would need 5 millimeters of a chemical to balance. The actual amount d was 7 millimeters. What was the percent error of the scientists estimation?
Answers (1)