269,218 views
17 votes
17 votes
Principal- $10,000

Rate- 2%

Compounded- annually

Time- 4 years

A. Find how much money there will be in the account after the given number of years.
B. Find the interest eamed

(Round to the nearest hundredth as needed.)

User Tabarek Ghassan
by
2.1k points

1 Answer

20 votes
20 votes

Answer:

Intrest= PTR ÷100=10000×2×4=80000÷100=800

=800+10000=108000

User Marksl
by
2.8k points
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