Will someone please tell me how to calculate these problems.
Account A offers .01% interest annually. Deposit $1,000 for one year
Account B offers .10% interest annually. Deposit $1,000 for one year
Account C offers .22% interest annually. Deposit $1,000 for one year
Account D offers .55% interest annually. Deposit $1,000 for one year.
I need to know how to solve these. What method? Thanks
Thank you! One question, how did you calculate the rate from .01% ?
.01 / 100, okay I get it. Thank you!
Account A offers .01% interest annually. Deposit $1,000 for one year
Account B offers .10% interest annually. Deposit $1,000 for one year
Account C offers .22% interest annually. Deposit $1,000 for one year
Account D offers .55% interest annually. Deposit $1,000 for one year.
I need to know how to solve these. What method? Thanks
Thank you! One question, how did you calculate the rate from .01% ?
.01 / 100, okay I get it. Thank you!