Ask Question
4 May, 22:41

Jessica deposits $300 into a savings account that pays an annual interest rate of 2%, compounded twice a year. How much money will Jessica have in her account at the end of one year?

+1
Answers (1)
  1. 5 May, 00:34
    0
    A=300 * (1+0.02:2) ^ (2)

    A=306.03
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Jessica deposits $300 into a savings account that pays an annual interest rate of 2%, compounded twice a year. How much money will Jessica ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers