rosehayden21
rosehayden21 rosehayden21
  • 04-04-2018
  • Mathematics
contestada

Mark borrow $200 at 12% compound interest for 2 years if he makes no payments how much interest will he owe at the end of the second year

A. $48.00
B. $50.88
C. $26.88
D. $24.00

plz help

Respuesta :

jhanzal
jhanzal jhanzal
  • 04-04-2018
B (if annual interest), 
200+12%=224
224+12%=250.88
Answer Link

Otras preguntas

how far away is all 9 planets from the sun
what is the term for the condition where red blood shrivels?
What is the simplified form of the expression 2 * [(1+14)*7]+6/0.5^3?
Why can't plants and animals use the nitrogen directly from the atmosphere? Answer A.There is not enough of it in the air. B.Nitrogen gas contains the element i
one way that animals adapt to seasonal change
You sell pies at a farmers' market for $7.50 each. A group of 5 kids wants to pitch in equal1y to share one of your pies. How much will each of them need to pa
How do you do 720 divided by 10 with the exponet of 3
2/5+4/7 estimate: decide if each addend is closer to 0 or closer to 1. then estimate the sum or difference. this is a fraction question.
Who benefitted from the corrupt bargain?
A certain animal in the zoo has consumed 39 pounds of food in six days. If it continues to eat at the same rate, in how many more days will its total consumptio