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What is the balance after one year on an investment of $20,000 earning 5.2% interest compounded annually? A. .052 B. 21,040 c. 20,000 D. 1040​

What is the balance after one year on an investment of $20,000 earning 5.2% interest compounded annually? A. .052 B. 21,040 c. 20,000 D. 1040​
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What is the balance after one year on an investment of $20,000 earning 5.2% interest compounded annually? A. .052 B. 21,040 c. 20,000 D. 1040​

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User Kashif Hisam
by
8.8k points

1 Answer

5 votes

Answer:

its B

Explanation:

answered
User Shekhar Gupta
by
8.7k points
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