Respuesta :
Answer:
$11.03.
Step-by-step explanation:
5 % = 0.05.
The amount after 2 years
= 10(1 + 0.05)^2
= $11.03.
Answer:
$11.03
Step-by-step explanation:
The future value should be $11.03
In your equation, the p value should be 10, r/n should be .05, nt should be 2,
Then perform your equations within this equation: [tex]A = P(1 +\frac{r}{n}) ^2[/tex]
and a is equal to 11.03
