Question

PLEASE HELP PLEASE AS FAST AS POSSIBLE

At the end of two years, what would the total savings be on a principal of $1000 at 6% annual interest, compounded annually?

A) $1123.60

B) $1125.51

C) $1126.49

D) $1127.16

Answer 1

the answer is A

Step-by-step explanation:

she has two years that gives you 2 plus the total savings is $1000 you have those two and also there is 6% of the annual, so you multiply 6 with 2 because of the years and the percent.