Mathematics, 12.10.2019 09:00 mat1413
Giving 25 points for the investment with interest compounded annually, find the final balance and the total interest earned. $1200 for 2 years at 10%
a. final balance: $1440 interest earned: $240
b. final balance: $1452 interest earned: $252
c. final balance: $1600 interest earned: $400
d. final balance: $2400 interest earned: $1200
Answers: 1
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