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If the principal is $2,200.00 and the rate of interest is 7%, what is the final account balance after two years?

If the principal is $2,200.00 and the rate of interest is 7%, what is the final account balance after two years?
asked 49.7k views
19 votes
If the principal is $2,200.00 and the rate of interest is 7%, what is the final account balance after two years?

asked
User Jsog
by
7.9k points

1 Answer

10 votes

Answer: $2,695.10

Explanation:

Use the formal p • r • t

answered
User Jonah Bishop
by
8.3k points
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