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What is the balance after one year on an investment of $20,000 earning 5.2% interest compounded annually?​ what is the answer​

What is the balance after one year on an investment of $20,000 earning 5.2% interest compounded annually?​ what is the answer​
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What is the balance after one year on an investment of $20,000 earning 5.2% interest compounded annually?​ what is the answer​

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User DKA
by
7.6k points

1 Answer

1 vote

Answer:

20,000x5.2 then divide by 2 to get 3,000!

Explanation:

20,000x5.2 then divide by 2 to get 3,000!

answered
User Longday
by
8.3k points
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