amarionworks1 amarionworks1

21-02-2022
Mathematics

contestada

$2,000 at 12% for 3 years

Respuesta :

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!

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