sasorimymans
sasorimymans sasorimymans
  • 04-04-2020
  • Mathematics
contestada

A. If the bank provides an annual percentage yield of 3.2%, what will be the balance when lucy turns 1? turns 2? turns 3?

A If the bank provides an annual percentage yield of 32 what will be the balance when lucy turns 1 turns 2 turns 3 class=

Respuesta :

Officialalehpeter
Officialalehpeter Officialalehpeter
  • 04-04-2020

Answer:

1 year=3.2%

2 year=6.4%

3 year=9.6%

Step-by-step explanation:

Since the% increases every year

So for the first year=

3.2% of 1

3.2%×1

3.2%

For second year

3.2% ×2

6.4%

For the third year

3.2% × 3

9.6%

Answer Link

Otras preguntas

which shows the root(s) of y^2-12y=-36? a. 6 and -6 b. 6 only c. 36 and 1 d. -6 only
Find the diagonal of a square whose sides are of the given measure. Given = 6sqrt2
Increasing the number of active motor units within a skeletal muscle is called
A proton travels at a speed 0.25 x 10^7 m/s perpendicular to a magnetic field. The field causes the proton to travel in a circular path of radius 0.975 m. What
What was the most likely reason that someone would perform an exorcism?a. to relieve fluid pressure on the brainb. to look into the brain to see what was wrongc
A 2.07-kg fish is attached to the lower end of an unstretched vertical spring and released. The fish drops 0.131 m before momentarily coming to rest.
If two lines l and m are parallel, then a reflection along the line l followed by a reflection along the line m is the same as a A. translation. B. reflect
A chemical company makes pure silver by reacting silver nitrate with Zinc. the company needs to make 800 grams of pure silver for a client. they have 500 grams
(-6,5) (-3,3) (0,1) what are the intercepts
Which statement describes the term carrying capacity as it relates to a prairie dog population?