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

evaluate the expression 14c + 28 - 12d for the give value c=4 and d=5
a type of graph suited to show change over time
a number that uses place value and a decimal point to show part of a whole
write an equation for the inverse y=2x-3
Match each example with the correct element of a literary analysis essay. 1.Thesis Statement 2.Topic 3.Textual Evidence Title: Realism in the death of
So how do you go about doing these?
Which of these is the most effective way for Leanna to cool down after an intense bike ride? A. Run for 10 to 15 minutes after she completes the ride B. Star
Temperatures in this climate region stay about the same all year long. continental moderate tropical tundra
Describe the steps to establishing an agricultural society
What are the internal factors of decision making?