richieeeee25 richieeeee25
  • 03-02-2020
  • Mathematics
contestada

$1,240 at 8% compounded
annually for 2 years

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UnicornCatGirl
UnicornCatGirl UnicornCatGirl
  • 03-02-2020
The answer is $1,446.33. 1,240 x 8% = $99.20 $1,240 + $99.20 = $1,339.20. $1,339.20 x 8% = $107.13 $1,339.20 + $107.13 = $1,446.33. Hope I could help! :D
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