kaurdamanjot33 kaurdamanjot33
  • 21-04-2021
  • Mathematics
contestada

Calculate the amount of interest earned on a $2,000 investment made for 2 years at 3% p.a..

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Bestuser82 Bestuser82
  • 21-04-2021
PxRxT
=$2,000 x 3% (0.03)
=$60 x 2 years
=$120
The answer is $120
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