jaxonallen2003 jaxonallen2003

04-05-2022
Mathematics

contestada

Suppose Josh Borrows $2000 at an interest rate of 3% compounded each year. Assume that no payments are made on the loan.

Do not do any rounding.

(A) Find the amount owed at the end of year 1.

(B) Find the amount owed at the end of 2 years.

Respuesta :

Аноним Аноним

04-05-2022

Answer:

a)2975

b)3450

Step-by-step explanation:

Answer Link

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