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3000 eura were invested for 2 years with a Compound interest rate of 3,8% for year. Find the total interest earned after 2 years. ​

3000 eura were invested for 2 years with a Compound interest rate of 3,8% for year. Find the total interest earned after 2 years. ​
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2 votes
3000 eura were invested for 2 years with a Compound interest rate of 3,8% for year. Find the total interest earned after 2 years. ​

asked
User Pedro Teran
by
8.0k points

1 Answer

4 votes

Answer:

232.332

Explanation:

3000×((3.8%+1)^small 2 -1)

(3000×((0.038%+1)small 2 -1)

232.332

answered
User Fpbhb
by
8.4k points
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