amarionworks1 amarionworks1
  • 21-02-2022
  • Mathematics
contestada

$2,000 at 12% for 3 years ​

Respuesta :

Fadinglight
Fadinglight Fadinglight
  • 21-02-2022
Simple interest: 2,720
Compound interest: 2,809.86

Explanation:
In compound interest, you earn interest on your interest.
Simple interest is just 2,000 + 12%(2000•3)
Hope this helps!
Answer Link

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