Yes. Think of it as money.
Would .50 cents be more than .40 cents?
Yes 0.5 is bigger than 0.4
Answer:
x=54
Step-by-step explanation:
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$
Well i think it 120 your welcome