SOLUTION: you invest $2,500. If you maintain a balance of $2,500 for a whole year, your interest rate will be .50%. How much will your balance be at the end of the year.
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Question 224095: you invest $2,500. If you maintain a balance of $2,500 for a whole year, your interest rate will be .50%. How much will your balance be at the end of the year. Found 2 solutions by rapaljer, shreeaseem007@yahoo.in:Answer by rapaljer(4671) (Show Source):
You can put this solution on YOUR website! Is this simple interest? Is it compound interest? If compound, what kind of compound interst is it?
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