$10608
The interest rate is calculated annually.
tons of thousands of sediments are deposited each day
If you deposited $225 in a bank account that earns 6 percent annually, the interest earned in one year would be calculated by multiplying the principal amount by the interest rate. This can be calculated as follows: $225 x 0.06 = $13.50. Therefore, the account should earn $13.50 in interest per year.
Roxanne deposited $300 into a savings account earning 5¼% annually. What is her balance after 1 year
Paper, Yard waste, and Metal
sand
225
100000 x 1.125
An annually deposited sedimentary layer is called a varve. Originally the word referred only to those annual layers of sediment deposited in a lake by glaciers, but now the more general use is accepted. Another term used in the literature is "annually laminated."
At the end of the year the interest is deposited in the account. The next year the interest is figured on the principal plus last year's interest.
30.00
13468.02