herlihyn637 herlihyn637
  • 25-02-2021
  • Mathematics
contestada

2. Joseph has $10,000 to invest. He goes to Met Bank that pays 4% interest compounded annually.
How much will Joseph have in the bank after 10 years?

Respuesta :

ioanelenaalex
ioanelenaalex ioanelenaalex
  • 25-02-2021

10x4=40

40x100=4000

he will have $4000 in the bank

Answer Link
cmckee660
cmckee660 cmckee660
  • 25-02-2021

Answer:

£14000

Step-by-step explanation:

10000x0.04=400

400 per year for 10 years=4000

4000+10000=14000

Answer Link

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