Register

(compound interest) you don’t need to show work, i just need the answer quick!! A deposit of $6,000 with a 2% interest rate compounded monthly for 2 years.

(compound interest) you don’t need to show work, i just need the answer quick!! A deposit of $6,000 with a 2% interest rate compounded monthly for 2 years.
103k views
0 votes
(compound interest) you don’t need to show work, i just need the answer quick!!

A deposit of $6,000 with a 2% interest rate compounded monthly for 2 years.

User Fatlog
by
8.4k points

1 Answer

3 votes

Answer:

24000

Explanation:

l=prt

6000×2×2=24000

User Kevin Farrugia
by
8.5k points
← Prev Question Next Question →

No related questions found

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

9.4m questions

12.2m answers

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!