asked 180k views
2 votes
2,000 deposit,compound interest,compounded anually,at 6% for 2 years. What is the total balance(A=Principal+Interest)?

1 Answer

4 votes

Given a principal P, compounded anually at r% for t years. Then the

answered
User Nayab Siddiqui
by
8.2k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.