asked 171k views
2 votes
At a 5 % annual interest rate, a principal of $2,000 earns $ 400. How long was the principal invested?

asked
User Xims
by
8.2k points

1 Answer

8 votes

Answer:

The final balance is $4,926.8.

The total compound interest is $3,926.8.

Explanation:

dont need one

answered
User Aaviya
by
7.6k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.