Romeromarthelle Romeromarthelle

14-10-2020
Mathematics

contestada

3. I opened a compound interest account with $300 at 2%. How much money will be in the
account at the end of 18 months?

Respuesta :

alexisseab alexisseab

14-10-2020

Answer:

there will be 408$ at the end of 18 months

Step-by-step explanation:

2% of 300 is 6 and 6 x 18 = 108. 108 + 300 = 408

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nevercompromisingsol nevercompromisingsol

14-10-2020

Yes I agree with the friend who said $408.

300 x 2% = 6
and 6 x 18 mos. = 108
300+108=408

The answer is $408

Answer Link

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