subject
Social Studies, 06.01.2021 18:40 molly7654

I WILL GIVE BRAINYEST Rachel’s bank pays 5.5% a year interest on the previous year's balance. For the first year, Rachel had $5,000.00 on deposit at the bank. If each year Rachel does not withdraw any money, finish filling in the following to see how much money Ray will end up with after 2 years. Multiply each year's beginning balance by the interest rate and then calculate the new total balance (Total X 5.5% or .055). Round each calculation to the nearest penny.

Beginning Balance $5,000.00

Interest earned in Year 1 $ TOTAL $

Interest earned in Year 2 $ TOTAL $

ansver
Answers: 3

Other questions on the subject: Social Studies

image
Social Studies, 22.06.2019 12:30, zalliagessnerp5fuj9
Toward the end of the roman empire, what caused a decrease in the use of coined money tell me now
Answers: 1
image
Social Studies, 22.06.2019 13:30, deisyy101
The biggest component / ingredient of summer time smog is
Answers: 1
image
Social Studies, 22.06.2019 16:00, person779
Which choice best describes how your answer compares to the sample
Answers: 3
image
Social Studies, 22.06.2019 20:10, chammusa2
Which action would the president's political party most likely take to resolve this issue
Answers: 1
You know the right answer?
I WILL GIVE BRAINYEST Rachel’s bank pays 5.5% a year interest on the previous year's balance. For t...

Questions in other subjects:

Konu
Mathematics, 02.12.2020 02:10
Konu
Mathematics, 02.12.2020 02:10
Konu
World Languages, 02.12.2020 02:10
Konu
Mathematics, 02.12.2020 02:10
Konu
Law, 02.12.2020 02:10
Konu
Mathematics, 02.12.2020 02:10