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joselina
joselina joselina
  • 15-06-2016
  • Mathematics
Answered

HEY GUYS I NEED HELP NOT ENOUGH TIME SO DYLAN INVESTED $600 IN A SAVINGS ACCOUNT AT A 1.6% ANNUAL INTEREST RATE. HE MADE NO DEPOSITS OR WITHDRAWALS ON THE ACCOUNT FOR 2 YEARS. THE INTEREST WAS COMPOUNDED ANNUALLY. FIND TO THE NEAREST CENT THE BALANCE IN THE ACCOUNT AFTER 2 YEARS

Verified Answer :

Anonymous Anonymous
  • 16-06-2016

AFTER TWO YEARS DYLAN WILL HAVE 9,600$

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