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

prime factors of 715?
Need Help please which one is used incorrectly? progenitor Noun A direct ancestor; an originator of a line of decent. A. Charles Darwin shocked many devout Vi
Which was not a cause of the gradual decline and fall of the Western Roman Empire? the spread of Christianity economic hardships for Rome''s citizens invading b
explain how 18 is an even number
What is an intensive pronoun?
i need help with math my question is i hope this question doesnt get deleted so my question is which of the following numbers is divisible by 5
Container a and b hold 11,875 liters of water altogether. Container b holds 2,391 liters more than container a holds. How much water does container a hold?
the number of blocks had 9 in the ones place. The number in the hundreds place is one more than the numbers in the tens place. Those two numbers equal 11. How m
an apple orchard sells apples in bags of 10 the orchid sold a total of 2430 apples one day how many bags of apples was this
What is the square root of 108 in simplified radical form?