Quantcast

A community for students. Sign up today!

Here's the question you clicked on:

55 members online
  • 0 replying
  • 0 viewing

lonewolf265

  • 2 years ago

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

  • This Question is Closed
  1. Wolfboy
    • 2 years ago
    Best Response
    You've already chosen the best response.
    Medals 0

    10% of a thousand is 100 right

  2. Wolfboy
    • 2 years ago
    Best Response
    You've already chosen the best response.
    Medals 0

    100+1000=1100

  3. Wolfboy
    • 2 years ago
    Best Response
    You've already chosen the best response.
    Medals 0

    10%1100 is 110

  4. nissn
    • 2 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    1000*(1.1)^2=1210

  5. nissn
    • 2 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    which means 1000*1.1=1100. 1100*1.1= 1210

  6. lonewolf265
    • 2 years ago
    Best Response
    You've already chosen the best response.
    Medals 0

    tyvm! i hate all money questions.. lol

  7. Wolfboy
    • 2 years ago
    Best Response
    You've already chosen the best response.
    Medals 0

    Sorry I couldn't finish it for you my iPad froze up and got weird :(

  8. lonewolf265
    • 2 years ago
    Best Response
    You've already chosen the best response.
    Medals 0

    no prob :)

  9. Not the answer you are looking for?
    Search for more explanations.

    • Attachments:

Ask your own question

Ask a Question
Find more explanations on OpenStudy

Your question is ready. Sign up for free to start getting answers.

spraguer (Moderator)
5 → View Detailed Profile

is replying to Can someone tell me what button the professor is hitting...

23

  • Teamwork 19 Teammate
  • Problem Solving 19 Hero
  • You have blocked this person.
  • ✔ You're a fan Checking fan status...

Thanks for being so helpful in mathematics. If you are getting quality help, make sure you spread the word about OpenStudy.

This is the testimonial you wrote.
You haven't written a testimonial for Owlfred.