brimack brimack

25-05-2016
Mathematics

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Find the balance on a deposit of $1,150 that earns 9% interest compounded annually for 2 years.

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procrastinationsucks procrastinationsucks

25-05-2016

I don't have a calculator on me but the sum is 1150 x 1.09(2)

By (2) I mean 1.09 squared or to the power of two.

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