amarionworks1
amarionworks1
21-02-2022
Mathematics
contestada
$2,000 at 12% for 3 years
Respuesta :
Fadinglight
Fadinglight
21-02-2022
Simple interest: 2,720
Compound interest: 2,809.86
Explanation:
In compound interest, you earn interest on your interest.
Simple interest is just 2,000 + 12%(2000•3)
Hope this helps!
Answer Link
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