Madelynj1511 Madelynj1511

19-04-2021
Mathematics

contestada

Mathmerica Bank offers 2.1% interest compounded yearly
if you open a savings account with them and invest a
minimum of $2,500 dollars.

Respuesta :

xxNMNxx xxNMNxx

19-04-2021

Answer:

Total = 2,500 (1.021)^t

Step-by-step explanation:

There is no question but the formula for compound interest is

Total = amount (1 + rate)^time

Total = 2,500 (1.021)^t

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