$10,000 is invested at 0.75% annual interest for 2 years. a. Simple Interest b. Compound Interest

asked Feb 23, 2022 28.3k views

0 votes

$10,000 is invested at 0.75% annual interest for 2 years.

a. Simple Interest b. Compound Interest

3.8k points

Please log in or register to add a comment.

5 votes

Answer:

The simple interest is 10,150.00 The compound interest is $10,150.56

Explanation:

Stefan Sullivan answered Feb 28, 2022

4.2k points

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

4.9m questions

6.4m answers