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At a certain bank, month held in account...

At a certain bank, month held in account X earns a monthly interest equal to 2 percent of the original investment, while account Y earns a monthly interest equal to 2 reprecent of the current value of the account. If $500 is invested into each account, what is the positive difference between the value of account X and account Y after three years ? (Round you answer to the nearest dollar and ignore the dollar sign when gridding you response.)

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Jessica opened a bank account that earns 2 percent interest compounded annually. Her initial deposit was $100 , and she uses the expression $100(x)t to find the value of the account after t years. Jessica’s friend Tyshaun found an account that earns 2.5 percent interest compounded annually. Tyshaun made an initial deposit of $100 into this account at the same time Jessica made a deposit of $100 into her account. After 10 years, how much more money will Tyshaun’s initial deposit have earned than Jessica’s initial deposit? (Round your answer to the nearest cent and ignore the dollar sign when gridding your response.)

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A bank account pays interest at an annual rate of 4%. If the initial deposit on the account is $1,250 and no other deposits or withdrawals are made to the account, which of the following functions A models the account of money in the bank account after y years?

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An annual interest rate of 5 percent is paid to a CD (certificate of deposit) account. If the account now had a balance of $420.00, what was the balance of the account before the annual interest was paid?

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