Isamasonip invested $2.000 in

Mathematics

1 answer:

alexgriva [62]2 years ago

7 0

Answer:

Compound Interest= $3440

Final Amount= $5440

Step-by-step explanation:

Compound Interest's formula= P(1+r/100)^n

where P is Principal, r is Rate then n is Years

So in this case,,2000(1+.72)^1 = $3440

Hence, Total Amount = Principal+Interest

therefore T.A= $2000+$3440

T.A=$5440

Thanks... Subjected to Review

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