Isamasonip invested $2.000 in for year at the rate 7.2%
a find the compound interest
(a
& 707 )
6. What is the final
amount?

Compound Interest= $3440

Final Amount= $5440

Step-by-step explanation:

Compound Interest's formula= P(1+r/100)^n

where P is Principal, r is Rate then n is Years

So in this case,,2000(1+.72)^1 = $3440

Hence, Total Amount = Principal+Interest

therefore T.A= $2000+$3440

T.A=$5440

Thanks... Subjected to Review