Mathematics, 29.02.2020 05:25 berrydivina

Max has $2000: $1000 decreased in value exponentially at a rate of 0.5% annually
$1000 earned 1.8% annual interest compounded biannually (twice a year)

What is the balance of Max’s $2000 after 10 years?

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Max has $2000: $1000 decreased in value exponentially at a rate of 0.5% annually
$1000 earned...

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Max has $2000: $1000 decreased in value exponentially at a rate of 0.5% annually $1000 earned 1.8% annual interest compounded biannually (twice a year) What is the balance of Max’s $2000 after 10 years?

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Another question on Mathematics

Max has $2000: $1000 decreased in value exponentially at a rate of 0.5% annually
$1000 earned 1.8% annual interest compounded biannually (twice a year)

What is the balance of Max’s $2000 after 10 years?