The amount after 2 years is $2,295.
Given that,
- The invested amount is $1,240.
- The rate of interest is 8%.
- The number of years is 2 × 4 = 8
Based on the above information, the amount after 2 years is
Future value = Present value ×(1 + rate of interest)^number of years
= $1,240 × (1 + 0.08)^8
= $1,240 × 1.08^8
= $2,295
Therefore we can conclude that the amount after 2 years is $2,295.
Learn more: brainly.com/question/18051939
Answer:
Wheres the PARALLEGRAM? if you give it I can answer :)
Step-by-step explanation:
Answer:
z = 1 i hope this helps! :)
Step-by-step explanation:
given 12 = 15(z - 1/5)
distribute the 15 to both the z and the - 1/5
12 = 15z - 3
add 3 to both sides
15 = 15z
divide both sides by 15
1 = z
flip the equation around so the variable is on the left
z = 1
Hello.
the least is 2/7 then 1/2 then 5/6 and the greatest is 4/2
Have a nice day
