2,000 deposit,compound interest,compounded anually,at 6% for 2 years. What is the total balance(A=Principal+Interest)?

Gene Roberts asked Dec 9, 2023

479,419 views

10 votes

Gene Roberts asked Dec 9, 2023

3.0k points

Your comment on this question:

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Email me at this address if my answer is selected or commented on:Email me if my answer is selected or commented on

Privacy: Your email address will only be used for sending these notifications.

17 votes

Given a principal P, compounded anually at r% for t years. Then the

TimWolla answered Dec 15, 2023

3.1k points

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

1.6m questions

2.0m answers