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1300 at 11.8% for 2 years

1300 at 11.8% for 2 years
asked 72.7k views
11 votes
1300 at 11.8% for 2 years

asked
User Jakob Eriksson
by
8.4k points

2 Answers

13 votes

Answer:At the end of 2 years, your savings will have grown to $1,624.

You will have earned in $324 in interest.

Explanation:

answered
User Guo Xingmin
by
8.9k points
7 votes

Answer:

306.8

Explanation:

1300 x .118 = 153.4

153.4 x 2 = 306.8

Hope that helps!

answered
User Richard Berg
by
8.3k points
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