Mathematics, 09.12.2020 17:50 brad88
Help wanted asap this is for a test. Will give many points anything helps.
Angelina deposits $3000 in a savings account on 1 January 2019, earning compound interest of 1.5% per year,
a) Calculate how much interest (to the nearest dollar) Angelina would earn after 10 years if she leaves the money alone. (3 marks)
b) In addition to the $3000 deposited on January 1st 2019, Angelina deposits a further amount of $1200 into the same account on an annual basis, beginning on 1st January 2020. Calculate the total amount of money in her account at the start of January 2030 (before she has deposited her money for that year). (4 marks)
Answers: 3
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Angelina deposits $3000...
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