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OpenStudy (anonymous):
Multiple choice :) The amount to which $1000 accumulates if invested for 2 years at 10% interest paid annually is? A. $1020.10 B. $1100 C. $1200 D. $1210
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OpenStudy (wolfboy):
10% of a thousand is 100 right
OpenStudy (wolfboy):
100+1000=1100
OpenStudy (wolfboy):
10%1100 is 110
OpenStudy (anonymous):
1000*(1.1)^2=1210
OpenStudy (anonymous):
which means 1000*1.1=1100. 1100*1.1= 1210
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OpenStudy (anonymous):
tyvm! i hate all money questions.. lol
OpenStudy (wolfboy):
Sorry I couldn't finish it for you my iPad froze up and got weird :(
OpenStudy (anonymous):
no prob :)
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