20,600 at 8 % for 2 years

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asked Nov 24, 2017 5.7k views

5 votes

20,600 at 8 % for 2 years

Mathematics
high-school

Alxndr asked

by Alxndr

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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

Hetal Rachh answered Nov 25, 2017

by Hetal Rachh

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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!!

Christiaan Herrewijn answered Nov 29, 2017

by Christiaan Herrewijn

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