22-03-2020
Mathematics

contestada

$2000 is deposited in a bank account that earns 11% simple interest per year. What is the total amount in the account after 20 years?

Respuesta :

sbraskie sbraskie

24-03-2020

Answer:

6,400

Step-by-step explanation:

$2000* 11%* 20 years= 2000* 0.11* 20= 4,400

To get the total amount add $4,400 to $2000

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