Question

If the APY of a savings account is 2.8% and if the principal in the savings account is $2600 for an entire year, what will be the balance of the savings account after all the interest is paid for the year?

Answer 1

someone???

Answer 2

well, principal + interest sounds right to me

Answer 3

how do we find the interest?

Answer 4

idk

Answer 5

how

Answer 6

im sure this question doesnt exist in a vacuum. Its not like you were walking along in the park and saw this question laying in the gutter and started to panic, picked it up and brought it over here to see if anything could be done to save it.

its more likely that you are in a class that has covered how to do some of this. A formula given to determine some kind of interest maybe?

Answer 7

sites lagging ....

Answer 8

In one of my classes my teacher gave me a question and I have to answer it tomorow or I'm gonna be imbarrased in front of class Im in 9th

Answer 9

no Idea of how to do it

Answer 10

she told me to go to this website so I did aperently