Charles put $1,000 in a saving account that ears 2% compound interest each year. The account would earn approximately $126 in how many years ?

Given an account with interest compounded annually, the formula A=P(1+r)^(t) can be used to calculate the total amount of money, A, in the account after t years, where P is the principal ( the amount originally invested) and r is the interest rate (expressed as a decimal). Suppose valeera invests $5,000 in a savings account that pays 2% interest compounded annually earn in four years? Express your answer to the nearest whole dollar.

Sasha invested $1,200 in a savings account at an annual interest rate of 1.6% compounded annually. She made no further deposits or withdrawals. To the nearest dollar, how much more money did she have in the account after 3 years than after 2 years?

George invests $1,000 into an account that he hopes will earh 12% interest annually. How many years (rounded to the nearest year) will it take his investment to double in value?

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.)

At the start of a year, there was Rs. 24,000 in a savings account. After adding rs. 56,000 to this, the entire amount was invested in the bank at 7.5% compound interest. What will be the total amount after 3 years?