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(compound interest) you don’t need to show work, i just need the answer quick!! A deposit of $6,000 with a 2% interest rate compounded monthly for 2 years.

(compound interest) you don’t need to show work, i just need the answer quick!! A deposit of $6,000 with a 2% interest rate compounded monthly for 2 years.
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(compound interest) you don’t need to show work, i just need the answer quick!!

A deposit of $6,000 with a 2% interest rate compounded monthly for 2 years.

asked
User Fatlog
by
8.4k points

1 Answer

3 votes

Answer:

24000

Explanation:

l=prt

6000×2×2=24000

answered
User Kevin Farrugia
by
8.5k points
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