Answer:
$15400
Explanation:
1 year = 12 month
10 years = 120 months
12% = month
1440% = 120 months
1440% = 14.4
Take 1000 times 14.4 = $14400
So, we add the two numbers
1000 + 14400 = $15400
So, $15400 will be in the account at the end of 10 years.
1.6m questions
2.0m answers