1300 at 11.8% for 2 years

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asked May 16, 2022 72.7k views

11 votes

1300 at 11.8% for 2 years

Mathematics
middle-school

Jakob Eriksson asked

by Jakob Eriksson

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2 Answers

13 votes

Answer:At the end of 2 years, your savings will have grown to $1,624.

You will have earned in $324 in interest.

Explanation:

Guo Xingmin answered May 17, 2022

by Guo Xingmin

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7 votes

Answer:

306.8

Explanation:

1300 x .118 = 153.4

153.4 x 2 = 306.8

Hope that helps!

Richard Berg answered May 22, 2022

by Richard Berg

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