Ask your own question, for FREE!
Mathematics 8 Online
OpenStudy (anonymous):

If you invest $1000 in an account that pays 10 percent interest compounded annually, how much will you have in exactly two years?

OpenStudy (amistre64):

1000(1.1)^2

OpenStudy (amistre64):

1000(1.21) = 1210 is my guess

OpenStudy (anonymous):

thanks

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!