G11a0013 G11a0013

21-05-2022
Mathematics

contestada

880$ at 5.25% for 2 years

Respuesta :

techuram techuram

21-05-2022

Answer:

$977.20

Step-by-step explanation:

We will use the compound interest formula to solve this: A = P(1 + R) ^ T

Using this formula we plug-in the values that we already have:

A = 880(1 + .0525) ^ 2

Now if we solve this, we end up with 977.20. That is your answer.

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