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$43,800 at 4.8% for 2 years

$43,800 at 4.8% for 2 years
asked 60.9k views
2 votes
$43,800 at 4.8% for 2 years

asked
User Oleg Gabureac
by
8.5k points

2 Answers

5 votes
43800*2=87600
87600*480/100=420480
answered
User Marco Sacchi
by
7.1k points
6 votes
It would be: P * R * T /100
= 43800 * 4.8 * 2 /100
= 420480 / 100
= 4204.80

So, your final answer is $4204.80

Hope this helps!
answered
User Gavin Bunney
by
8.3k points
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