Home » Classroom » JSS3 Mathematics Whole Numbers II Question

Calculate the amount after 2 years for a princi... - JSS3 Mathematics Whole Numbers II Question

Calculate the amount after 2 years for a principal amount of $1000 at an annual interest rate of 5%, compounded annually.

A

$1100

B

$1050

C

$1200

D

$1102.50

correct option: d
Please share this, thanks:

Add your answer

Notice: Posting irresponsibily can get your account banned!

No responses