Suppose salma places $5500 in an account that pays 2% interest compounded each year. assume that no withdrawals are made from the account.
a)find year one
b) find year 2

Part a)  

part b)  

Step-by-step explanation:

we know that    

The compound interest formula is equal to  

where  

A is the Final Investment Value  

P is the Principal amount of money to be invested  

r is the rate of interest  in decimal

t is Number of Time Periods  

n is the number of times interest is compounded per year

Part a) Find the final investment year one

in this problem we have  

substitute in the formula above

Part b) Find the final investment year 2

in this problem we have  

substitute in the formula above

konichiwa~! my name is zalgo and i am here to answer your anime-related question today. more than likely, kirishima would kill izuku, marry mino and kiss momo. all of this would be my opinion by the way. (and i am also a weeb lol)

i hope this you! : d

stay and stay proud! " - zalgo

(and do you think you can mark me as brainliest? i'd greatly appreciate it! arigato~! )