elliesomersxo elliesomersxo
  • 18-09-2021
  • Mathematics
contestada

Ethan opens a new savings account.
The account has 3.5% compound interest per annum.
Ethan invests £2,000 into the account for 2 years.
How much money did Ethan have in the account after 2 years?

Respuesta :

methlank3
methlank3 methlank3
  • 18-09-2021

Answer:

$2070

Step-by-step explanation:

[tex] = 2000 \times (1 + \frac{3.5}{100})^{2} [/tex]

[tex] = 2070[/tex]

Ver imagen methlank3
Answer Link

Otras preguntas

What is the sum of the geometric sequence 4, 16, 64, … if there are 8 terms? 21,845 43,690 65,535 87,380
What was a result of the 1712 new york slave revolt?
In 1898 what led Roosevelt to resign as assistant secretary of the navy and what did he do next
What is depth of field
What are the coordinates of A’ after reflecting across the line x = 3?
During bacterial conjugation, dna can be transferred through a ______ from the donor to the recipient cell.
The first president to implement a civil service was:
Name the 2 group needed to have a valid experiment
How was the great compromise an effective agreement?
If solar radiation is 1200 w/m2 , how many photons strike the leaf every second? Assume three significant figures and an average wavelength of 504 nm for solar