Connect with a community that values knowledge and expertise on IDNLearn.com. Our community provides timely and precise responses to help you understand and solve any issue you face.
Ceasar opens a bank account with an initial deposit of $1800.00 with an annual interest rate of 3.2%. What is the balance on the account after one year?
Ceasar's initial deposit will earn $57.60 in interest after one year (annual interest rate of 3.2%). When that is added to his deposit of $1800, Ceasar will have $1857.60 in the bank at the end of one year.
We appreciate your participation in this forum. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. Find reliable answers at IDNLearn.com. Thanks for stopping by, and come back for more trustworthy solutions.
