Luke puts $200 into his account to use for school expenses. The account earns 2% interest, compounded annually. How much will be in the account after 7 years?

$230 will be in the account after 7 years.

Step-by-step explanation:

We would apply the formula for determining compound interest which is expressed as

A = P(1+r/n)^nt

Where

A = total amount in the account at the end of t years

r represents the interest rate.

n represents the periodic interval at which it was compounded.

P represents the principal or initial amount deposited

From the information given,

P = 200

r = 2% = 2/100 = 0.02

n = 1 because it is compounded once in a year.

t = 7 years

Therefore,.

A = 200(1+0.02/1)^1 × 7

A = 200(1.02)^7

A = $230

start with a line segment pq that we will copy. mark a point r that will be one endpoint of the new line segment. set the compasses' point on the point p of the line segment to be copied. adjust the compasses' width to the point q. the compasses' width is now equal to the length of the line segment pq.

step-by-step explanation:

answer: yes i agree that you should not put it on/p>

step-by-step explanation: the reason for this is that it wastes other peoples time and also make them fail as well and that is never good.