09-01-2021
Mathematics

contestada

Lakeesha deposits $1500 into a Young Savers account. The account receives 4% interest compounded annually. What is the balance in Lakeesha's account after 2 years? After 3 years?

Respuesta :

09-01-2021

Answer:

1,622 after 2 years at 4% interest. $1,687 after 3.

Step-by-step explanation:

My explanation has been provided in the image linked.

Ver imagen Eelz

Answer Link

GeraldoXhaja GeraldoXhaja

09-01-2021

In fact I think the person above me is wrong, here is why:

4 percent (interest) of 1500 = 60

Therefore,

1 year= 1560

2 years = 1620

3 years = 1680

Answer Link

Otras preguntas

Scientists use fossils to learn about A. how future organisms will interact B. how living things change over time C. the personalities of extinct animals D. the

Raven and Drew produce baseballs and golf balls. Raven can produce six baseballs per hour or four golf balls per hour. Drew can produce three baseballs per hour

Vivian visits the public aquarium in her city. While looking at the fish tank, she notices apple snails stuck to the glass wall of the tank. She feels nostalgic

10. What significant memories/experiences was Vincent van Gogh depicting in Flower Beds in Holland? (1 point) A. the celebration of a tulip festival B. the magi

Three of my followers each have very different views about how to solve a team problem. when i explore each of their opinions and keep bias out of the decision,

Genetic linkage leads to the production of a significantly greater than expected number of gametes containing chromosomes with

These should be used instead of underlining. Do this to most titles of printed material and names of airplanes, trains and automobiles.

why is it nessasary for engineers to know the precise location if each gps satellite in the system

Select all that apply. The electron configurations of some elements are given. Based on the electron configurations which elements can likely form ions with mul

true or false? Consumer culture represents the commonly held societal beliefs that define what is socially gratifying within a specific society. Culture shapes