smartyx101
New member
- Joined
- Sep 6, 2007
- Messages
- 2
I need help with these questions:
1) $1000 is deposited in a savings account that is compounded annually at 6%. The balance, A, in the account after t years is A= 1000(1+0.06)t. Find the balance after 1 year, 10, and 20 years.
:?: :?
The bolded text is what I'm finding hard or can't get.
2) Safe: A fireproof safe has a cubical storage space inside. What is the volume of the storage space if each interior dimension is 12 inches.
Please reply
1) $1000 is deposited in a savings account that is compounded annually at 6%. The balance, A, in the account after t years is A= 1000(1+0.06)t. Find the balance after 1 year, 10, and 20 years.
:?: :?
The bolded text is what I'm finding hard or can't get.
2) Safe: A fireproof safe has a cubical storage space inside. What is the volume of the storage space if each interior dimension is 12 inches.
Please reply