Have a query? Ask a Tutor!!

Access to best educators and exclusive paper discussions

Offsite Campus Turito Championship

Can’t find what you’re looking for?

Our tutors are from top schools around the world, and they are waiting for you 24/7, anytime, anywhere.

Homework- One to One Solutions
Understand concepts to solve better
Get your doubts solved instantly

Maths-

General

Easy

Question

Markela opens a bank account that earns interest at a rate of compounded annually. She puts in the account when she opens it and does not make any more deposits into or withdrawals from the account for 2 years. If the amount of money in the account after 2 years is given by the expression $200 left parenthesis 1.02 right parenthesis squared$ , which of the following expressions gives the amount of money in the account after 1 year?

100(1.02)
200(1.02)
$100 (1.02)^{2}$
$200 (1.01)^{2}$

The correct answer is: 200(1.02)

Given, compound interest rate of 2% per annum i.e R = 2
Initial amount = A = $ 200
Time = 2 yr the P = 200(1.02)² we get P = 200(1 + 0.02)² using formula also .so ,it true
IF Time = 1 yr then P = 200(1 + 0.02)¹ = 200(1.02)

Related Questions to study

The graph shows the average heart rate for 15 people before, during, and after a period of strenuous exercise. The horizontal axis shows time, in minutes, and the vertical axis shows average heart rate, in beats per minute. The exercise period began at 5 minutes and ended at 15 minutes.

Approximately how many minutes did it take after the exercise period ended for the average heart rate to first return to the average heart rate before the exercise period began?

The graph shows the average heart rate for 15 people before, during, and after a period of strenuous exercise. The horizontal axis shows time, in minutes, and the vertical axis shows average heart rate, in beats per minute. The exercise period began at 5 minutes and ended at 15 minutes.

Approximately how many minutes did it take after the exercise period ended for the average heart rate to first return to the average heart rate before the exercise period began?

The area of a square is 36 square inches. What is the length, in inches, of a side of the square?

The area of a square is 36 square inches. What is the length, in inches, of a side of the square?

Of the following, which is the most appropriate linear model for the given data?

Of the following, which is the most appropriate linear model for the given data?

parallel

The table shows the distribution by breed and sex of dogs that received a vaccine from a veterinarian during the month of July.

If a male dog that received a vaccine during the month of July is selected at random, what is the probability that the dog breed is Alaskan malamute?

The table shows the distribution by breed and sex of dogs that received a vaccine from a veterinarian during the month of July.

If a male dog that received a vaccine during the month of July is selected at random, what is the probability that the dog breed is Alaskan malamute?

Each of the three data sets represented by the three dot plots has 15 values.

The medians of data sets A, B, and C are a, b, and c, respectively. What is the relationship between a, b, and c ?

Each of the three data sets represented by the three dot plots has 15 values.

The medians of data sets A, B, and C are a, b, and c, respectively. What is the relationship between a, b, and c ?

$left parenthesis x minus 3 right parenthesis to the power of 2 end exponent equals 81$
What is the sum of the solutions to the given equation?

$left parenthesis x minus 3 right parenthesis to the power of 2 end exponent equals 81$
What is the sum of the solutions to the given equation?

parallel

A school club is paid $315 for recycling $c$ pounds of aluminum cans and p tons of paper. The equation 0.50c + 60p = 315 represents this situation. What is the interpretation of 60p in this context?

A school club is paid $315 for recycling $c$ pounds of aluminum cans and p tons of paper. The equation 0.50c + 60p = 315 represents this situation. What is the interpretation of 60p in this context?

An equation for the graph shown is $y equals left parenthesis x minus 1 right parenthesis left parenthesis x plus b right parenthesis$ , where b is a constant. What is the value of b ?

An equation for the graph shown is $y equals left parenthesis x minus 1 right parenthesis left parenthesis x plus b right parenthesis$ , where b is a constant. What is the value of b ?

A group of students participated in a study. It was determined that for each hour of experience performing a certain task, the time necessary for each student to complete the task decreased by 5%. Wendy took 30 minutes to complete the task with no experience. Which function models the amount of time T, in minutes, it will take Wendy to complete the task after x hours of experience?

A group of students participated in a study. It was determined that for each hour of experience performing a certain task, the time necessary for each student to complete the task decreased by 5%. Wendy took 30 minutes to complete the task with no experience. Which function models the amount of time T, in minutes, it will take Wendy to complete the task after x hours of experience?

parallel

The table shows the distribution of objects in a collection by shape and color. If a triangle is selected at random, what is the probability that the selected triangle is red?

The table shows the distribution of objects in a collection by shape and color. If a triangle is selected at random, what is the probability that the selected triangle is red?

A recipe requires f cups of flour. Arnold accidentally used 50% more flour than the recipe required. How much flour did Arnold use in terms of f ?

A recipe requires f cups of flour. Arnold accidentally used 50% more flour than the recipe required. How much flour did Arnold use in terms of f ?

Paulina has 28 books in her collection. The frequency table summarizes the number of pages in each book. If she buys a new book that has 62 pages, how will this impact the mean and median numbers of pages of the books in her collection?

Paulina has 28 books in her collection. The frequency table summarizes the number of pages in each book. If she buys a new book that has 62 pages, how will this impact the mean and median numbers of pages of the books in her collection?

parallel

The solution to which system of inequalities is represented by the shaded region of the graph?

The solution to which system of inequalities is represented by the shaded region of the graph?

Which of the following additional measurements to the triangle provides enough information to determine the length of $stack A B with minus on top$ ?
I. The length of $stack A C with minus on top$
II. The measure of $angle A B C$

Which of the following additional measurements to the triangle provides enough information to determine the length of $stack A B with minus on top$ ?
I. The length of $stack A C with minus on top$
II. The measure of $angle A B C$

Line $m$ is defined by $y equals negative fraction numerator 3 over denominator 4 end fraction x plus 2$ . Line $p$ is parallel to line m in the xy - plane and passes through the point (4, - 3). Which equation defines line p ?

Line $m$ is defined by $y equals negative fraction numerator 3 over denominator 4 end fraction x plus 2$ . Line $p$ is parallel to line m in the xy - plane and passes through the point (4, - 3). Which equation defines line p ?

parallel

card img

With Turito Academy.

card img

With Turito Foundation.

card img

Get an Expert Advice From Turito.

Turito Academy

card img

With Turito Academy.

Test Prep

card img

With Turito Foundation.