calvarez0324 calvarez0324

02-02-2021
Mathematics

contestada

Amount Accumulated: ?
Principal: $1,000
Interest Rate: 4%
Time: 2 years

need answer ASAP

Respuesta :

mtran7131 mtran7131

02-02-2021

Answer:

Year 1

4% of $1,000 is $40

Year 2

4% of $1,040 is $41.6

The Princple has accumulated $1,081.60 dollars.

Answer Link

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