gicellp188ov5sp7 gicellp188ov5sp7

17-03-2020
Mathematics

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Christina opened a savings account and deposited $200 as principal. the account earns 6% interest, compounded annually. What is the balance after 6 years?

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TheMandolorianJediBo TheMandolorianJediBo

17-03-2020

Answer:After 6 years the balance is 283.70

Step-by-step explanation:

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anisha30gurung anisha30gurung

17-03-2020

6%/100 = 0.06

$200*0.06 = $12

6years* $12 = $72

200+72= 272

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