Math, asked by sophiadraghine37sd, 1 year ago

Mary borrowed $3000 at a rate of 8% per annum .Interest is compound anually. CALCULATE the total amount owed at the end of the two years please show working

Answers

Answered by Xgjkm

4

A=P×(1+r÷100)t
A=3000×108÷100×108÷100
A=17496÷2
A=3499.2

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