rosehayden21 rosehayden21

04-04-2018
Mathematics

contestada

Mark borrow $200 at 12% compound interest for 2 years if he makes no payments how much interest will he owe at the end of the second year

A. $48.00
B. $50.88
C. $26.88
D. $24.00

plz help

Respuesta :

jhanzal jhanzal

04-04-2018

B (if annual interest),
200+12%=224
224+12%=250.88

Answer Link

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