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
Simplified would be: 642.58213482
642.58213482 = 642.58 = $642.58
Answer: <span>
642.58
Hope this helps!
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Answer:
21-9x12
Step-by-step explanation: