If the principal amount is 2000 the annual inte... - JSS3 Mathematics Whole Numbers II Question
If the principal amount is $2000, the annual interest rate is 6%, and the interest is compounded annually, what is the amount after 2 years?
A
$2240
B
$2120
C
$2247.20
D
$2200
correct option: c
Please share this, thanks:
Add your answer
No responses