Get personalized and accurate responses to your questions with IDNLearn.com. Our community is here to provide the comprehensive and accurate answers you need to make informed decisions.

use the compound interest formula to compute the total amount accumulated and the interest earned.

4000$ for 2years at 2.8% compounded annually



Sagot :

[tex]Amount = 4000(1.028) ^{2} [/tex]

then solve to get 4227.136