document.write( "Question 357500: This is a question that i must explain how i came to the answer.I had 30 of them, this is one of the two that I cannot figure out. Please help!!!\r
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document.write( "You deposit 3,000 in a savings account in a bank with an interest rate of 3%.
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document.write( "A. Find the amount of money in the account after 2 years subject to compound interest
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document.write( "B. Find the interest\r
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document.write( "Thank-you so much...i sincerely appreciate your help! \n" );
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Algebra.Com's Answer #255264 by rfer(16322)![]() ![]() ![]() You can put this solution on YOUR website! A) \n" ); document.write( "A=3000(1+0.03)^2 \n" ); document.write( "A=3000*1.0609 \n" ); document.write( "A=3182.70 \n" ); document.write( "B) \n" ); document.write( "182.70 \n" ); document.write( " |