xsucksateveythingx1 xsucksateveythingx1
  • 10-11-2016
  • Mathematics
contestada

$10000 invested at 7.8% compounded annually for 2 years

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macgirl234
macgirl234 macgirl234
  • 10-11-2016
the formula is i=prt which is interest = principal times rate times time.
i = (10,000)(.078)(2)
i = 1,560
the interest would be $1,560.

Hope this helps!

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