Answer:

Step-by-step explanation:

The value of 2 is two thousand
Answer:
You cannot simplify
anymore.
But you can convert it to decimal form: 0.656 :)
This shows that Billy will have $12, 168.25 after 12 years
<h3>Compound interest</h3>
The formula for calculating the compound interest is expressed as:
From the information given, the amount is expressed as;

This shows that Billy will have $12, 168.25 after 12 years
Learn more on compound interest here: brainly.com/question/24924853