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Brenda deposited 2,059 in an account earning 1% interest compounded annually.To the nearest cent, how much will she have in 1 year?

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解答

Brendadeposited2,059inanaccountearning1%interestcompoundedannually.Tothenearestcent,howmuchwillshehavein1year?

解答

Amount:2079.59
求解步骤
Translate the problem into an equation:A=2059(1+10.01​)1⋅1
2059(1+10.01​)1⋅1=2079.59
Amount:2079.59

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