princess628 princess628
  • 23-01-2019
  • Mathematics
contestada

$1,000, 7% , 2years

Respuesta :

datgamer13
datgamer13 datgamer13
  • 23-01-2019

Answer:

$1,140, or $1,144.9

Step-by-step explanation:

70 is 7% of 1,000

70 x 2 = 140

140 + 1,000 = 1,140

Or, if you mean 7% compounded annually then....

1,070 after first year.

7% of 1,070 = 74.9

74.9 + 1,070 = 1,144.9

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