document.write( "Question 225461: Jim invested $1000 in a bank savings account. The bank pays him 5% annually, that is, for every dollar invested he would get $1.05 next year. How much would Jim have 2 years from now? \n" ); document.write( "
Algebra.Com's Answer #168255 by checkley77(12844)![]() ![]() ![]() You can put this solution on YOUR website! 1,000(1.05)^2 \n" ); document.write( "1,000(1.05)^2 \n" ); document.write( "1,000*1.1025=$1,102.50 ANS. \n" ); document.write( " |