2 years ago

What would be the value of $150 after years if you earn 12 percent interest per year?

Mathematics

1 answer:

I am Lyosha [343]2 years ago

4 0

Answer:

If that interest is compounded yearly, the amount in the account would equal $168.

Step-by-step explanation:

To find this, we start by multiplying the principle by the percentage.

$150 *12% = $18

Now we add that number to the original principle.

$15 + $18 = $168

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