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Novay_Z
[31]
3 years ago
12
Mark borrow $200 at 12% compound interest for 2 years if he makes no payments how much interest will he owe at the end of the se
cond year
A. $48.00
B. $50.88
C. $26.88
D. $24.00
plz help
Mathematics
Answer
Comment
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1
answer:
Arlecino
[84]
3 years ago
6
0
B (if annual interest),
200+12%=224
224+12%=250.88
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