djrcgaming40
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  • 17-12-2021
  • Mathematics
contestada

If $400 Is The Principle and is paid for 2 years at 4% how much is the compound interest

Respuesta :

currentsituation2009 currentsituation2009
  • 17-12-2021

Answer:

=$32

Step-by-step explanation:

Principal Amount=$400

Rate=4%

Time=2 Years

Interest=?

           =RPT/100

           =4x400x2/100

          =$32

                        ....................................................................

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