sakurablxssom sakurablxssom

03-06-2020
Mathematics

contestada

PLease help me!

Jacob has $7,777 in a savings account. The interest rate is 14%, compounded annually.

To the nearest cent, how much will he have in 2 years?

Use the formula B = p(1 + r)t, where B is the balance (final amount), p is the principal (starting amount), r is the interest rate expressed as a decimal, and t is the time in years.

PLease help me Jacob has 7777 in a savings account The interest rate is 14 compounded annually To the nearest cent how much will he have in 2 years Use the form class=

Respuesta :

wolf1728 wolf1728

03-06-2020

Answer:

Total = Principal * (1 + rate )^ years

Total = 7,777 * 1.14^2

Total = 7,777 * 1.2996

Total = 10,106.99

Step-by-step explanation:

Answer Link

Otras preguntas

how do images or word pictures help you experience a scene in the excerpt "The Day of Destiny"?

Founded by Oliver H. Kelley, the organization that came to be known as the _______ provided educational, social, and cultural activities to its rural members. A

the building blocks of proteins are known as

David made 30 cups of tea per hour. Andrew made 35 cups of coffee per hour. This week David made an additional 10 cups of tea. Write an expression that represen

The rise of China's naval power under Admiral Cheng-Ho occurred during the _______ dynasty

Which of the following is NOT an example of a liquid asset? a. cash c. a certificate of deposit b. travelers’ checks d. a checking account

The rise of China's naval power under Admiral Cheng-Ho occurred during the _______ dynasty

round 9,254 to the nearest hundred

You are working at establishing a computer network and communications support for incident personnel. Where are you working? a. Operations Section b. Planning S

Which statement describes the general trends in electronegativity and first ionization energy as the elements in Period 3 are considered in order from Na to Cl?