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Roxanne deposited $300 into a savings account earning 5¼% annually. What is her balance after 1 year

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Q: Roxanne deposited 300 into a savings account earning 5 annually What is her balance after 1 year?
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Roxanne deposited 300 into a savings account earning 5ΒΌ percent annually What is her balance after 1 year?

If Roxanne had $300 in her savings account which had a 5% APR, her balance after one year would be $315. You would calculate this by multiplying 300 by .05, which equals 15, and add that to the original balance of 300.


Roxanne deposited 300 into a savings account earning 5 14 percent annually what is her balance after 1 year?

convert 5 and 1/4 to percent by; first, change fraction to decimal 5 1/4= 5.25 then 5.25/100= 0.0525% so get .0525% of $300 by $300 x .0525 = $15.75 lastly add $15.75 + $300=$315.75


If i deposited 235.00 in 1974 in a savings account what would be my balance?

The amount in your balance would depend on the interest rate of your savings account.


Slayman deposited 2500 dollars with 3 persent compound annually for 3 years so what is his balance?

225


Franklin just deposited 364 dollars into his checking account If Franklin now has a total of 500 dollars in his account how much did he have originally?

Newly deposited amount: 364 dollars Current Bank balance: 500 dollars Previous balance:? Previous balance = current balance - newly deposited amount = 500 - 364 = 136 Franklin had 136 dollars in his account before he made the 364 dollar deposit


Shawna had a beginning balance in her checking account of 123.32. She wrote check 2341 for 23.77. She deposited two checks totaling 349.98 into her account. What is her new balance?

447.53


Shawna had a beginning balance in her checking account of 123.32 she wrote check 2341 for 23.77 she deposited two checks totaling 349.98 into her account what is her new balance?

447.53


Why capital and equity account have a credit balance?

Because they are both income. Capital and equity are sums of money deposited into an account. They are not withdrawals.


Deposited money in bank is cr or dr?

Deposited Money is termed as "CR" or "Cr" or "Credit" it is a transaction in which money is deposited or credited or added to a customer's bank account. The bank balance of the account will increase by the amount of money that was actually credited during this transaction.


Does provident bank require a minimum balance in a personal checking account?

Provident Bank does offer a totally free checking account without a minimum balance. This type of account also offers no fees, unlimited check transactions and no charge for deposited items.


Because my account was overdrawn I have got a letter from BofA Your account has been closed they deposited the amount overdrawn now my ending balance is 0.00 do I have to pay them back?

Yes!


What is bank balance versus cash balance?

bank balance:- A bank balance is that amount which is actually deposited in any of the bank. or the amount which has been credited in your bank account. cash balance: - It is an amount which is there in your hand. i.e., it is otherwise called as cash in hand. or else we can say that the hot cash which is there with you right now is called as a cash balance. conclusion:- bank balance is the amount deposited in bank. and cash balance is the cash in hand.