bhinnant1 bhinnant1

06-10-2016
Mathematics

contestada

Use the formula for compound interest to find A.
A = P (1+r)^n
P = $20000,r = 0.13, and n = 2 years
At the end of 2 years A is ____

Respuesta :

apologiabiology apologiabiology

07-10-2016

easy peasy
A=20,000(1+0.13)^2
A=20,000(1.13)^2
A=20,000(1.2769)
A=25538

A is $25,538

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