2 years ago

How much money would you have after 7 years if you invested$12,000 at 2% in order to have compounded annually?

Mathematics

1 answer:

Katen [24]2 years ago

4 0

Answer:

$1,680

Step-by-step explanation:

i think it is right because 12,000 at 2 percent=280 then 280×7= 1,680

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shepuryov [24]

In the question, there are certain information's that are of immense importance in regards to finding the answer. The first information is that Jose Rivera had purchased 7 textbooks for his classes at River Run Community College. The price that Jose Rivera had to pay was $208.55. The average cost per textbook needs to be found.
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