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20,600 at 8 % for 2 years
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5 votes
20,600 at 8 % for 2 years

User Alxndr
by
7.8k points

2 Answers

3 votes
what is the actual question please
what are we suppose to find
if it growth or decay
20600(1+8)^2 then 1668600
User Hetal Rachh
by
8.0k points
5 votes
First you have to find 8% of 20,600, this would be the rate per year. Then multiply what you get by 2, to figure out how much it is for 2 years. The answer is 3,296. HOPE THIS HELPS!!
User Christiaan Herrewijn
by
8.1k points
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