Answer:
$19.2
Step-by-step explanation:
80 x 0.12 = 9.6
I'm assuming that's how much it is for a year, so...
9.6 x 2 = 19.2
Because I don't really understand what this is for, the answer based on what you said, is $19.2
I can change the answer accordingly if you explain this more in detail!
Answer:
If you deposit $80 into an account paying 12% annual interest compounded monthly , how much money will be in the account after 2 years?
Result
The amount is $101.58 and the interest is $21.58.
Step-by-step explanation:
Hope this helps