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nirvana33 [79]
3 years ago
9

Tim left $3000 in an account that

Mathematics
1 answer:
777dan777 [17]3 years ago
3 0

Answer:

499.20

Step-by-step explanation:

3000

x.08.    Interest rate

=   240 interest after one year

+. 3000

=3,240 principal plus interest after one year

x. .08

  259.20. Interest in year two

+ 240.00 interest in year one

= 499.20. Interest earned in 2 years

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