3% = 3/100 = 0,03
When it's compount interest it's 1,03 because you gain 3% more from what you already have.
All you need to do
1,03•2000=2060$ for the first year
And then for the second year, you take the actual amount after one year of 3%
1,03•2060=2121,8
After two years, there will be 2121,8$
198 divided by 5 is 39.
Hope this helps!
Please make me brainliest!
<h3>
its must be 2:9</h3><h3>James wins more often.</h3>
i hope that was helpful
~best wishes
