kelsey2332 kelsey2332
  • 23-03-2021
  • Mathematics
contestada

$1800 at 2% for 10 years

Respuesta :

319696
319696 319696
  • 23-03-2021

Answer:

$2194

Step-by-step explanation:

If this does not help you im sorry! :(

hope this helps u

Answer Link
sparklyseal
sparklyseal sparklyseal
  • 23-03-2021

Answer:

1836

Formula: P(1+r)^t

Steps- 1800$( 1 + .02)^10

instead of doing 2% we move the decimal two places to the left and get .02

From here you can just add it and get 1836$

I noticed you didn't put the annual interest rate, so I assumed it would be annually.

Answer Link

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