Ask Question
19 February, 01:07

Howard opens a savings account with a deposit of $800. the bank will pay him 3% interest per year.

a. how much will howard receive at the end of 1/2 a year.

b. how much interest will he receive in 1 year?

+3
Answers (1)
  1. 19 February, 04:55
    0
    800 * (1.03) ^.5 = 811.91

    800 * (1.03) ^1 = 824.00
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Howard opens a savings account with a deposit of $800. the bank will pay him 3% interest per year. a. how much will howard receive at the ...” in 📙 Mathematics if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers