What is the balance in the account after 2 years how much, Financial Management

What is the balance in the account after 2 years how much

Suppose you invest $1,050 in an account paying 6% interest per year.

a. What is the balance in the account after 2 years? How much of this balance corresponds to? "interest on? interest"?

b. What is the balance in the account after 34 years? How much of this balance corresponds to? "interest on? interest"?

a. What is the balance in the account after 2 years?

The balance in the account? (with compounded? interest) after 2 years is

?$ -----------. (Round to the nearest? cent.)

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