If Bob and Judy combine their savings of $1 comma 700 and $700, respectively, and deposit this amount into an account that pays 3 % annual interest, compounded monthly, what will the account balance be after 12 years?

$3,438.45

Explanation:

The amount invested is the sum of Bob's and Judy's savings:

The equation that gives the future value of an investment P, at an annual interest rate r for t years, compounded monthly, is:

Therefore, the account balance after 12 years of an initial investment of $2,400 at 3% is:

The account balance after 12 years will be $3,438.45.

b. a single paragraph.

a paragraph is a series of sentences that are organized and make sense, and are all related to a single topic . almost every piece of writing you do that is longer than a few sentences should be organized into paragraphs. this is because paragraphs show a reader where the subdivisions of an essay begin and end, and thus the reader see the organization of the essay into subjects in order to be able to understand its main points.

answer; because many corporate watch groups will discover and publicize unethical behavior by suppliers, link it to the american company, and harm its reputation;