123k views
4 votes
Hey can someone please help quickly thanks!

Hey can someone please help quickly thanks!-example-1
User Gclaussn
by
5.1k points

2 Answers

4 votes

Answer:

3,120 second year 3,244.80 the third year.

Explanation:

4% of 3,000 is 120

so 3,120 then 3,244.80 the third year after the 4% is compounded

User Mohana Rao
by
5.3k points
5 votes

Answer:

360,000

Explanation:

just multiply by 3

User Vlad Uvarov
by
4.6k points