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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
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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 Ales Potocnik
by
7.7k points

1 Answer

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Answer:

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

=800+10000=108000

User Byron Sommardahl
by
8.2k points
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