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lonewolf265

  • 3 years ago

Multiple choice :) The amount to which $1000 accumulates if invested for 2 years at 10% interest paid annually is? A. $1020.10 B. $1100 C. $1200 D. $1210

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  1. Wolfboy
    • 3 years ago
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    10% of a thousand is 100 right

  2. Wolfboy
    • 3 years ago
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    100+1000=1100

  3. Wolfboy
    • 3 years ago
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    10%1100 is 110

  4. nissn
    • 3 years ago
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    1000*(1.1)^2=1210

  5. nissn
    • 3 years ago
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    which means 1000*1.1=1100. 1100*1.1= 1210

  6. lonewolf265
    • 3 years ago
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    tyvm! i hate all money questions.. lol

  7. Wolfboy
    • 3 years ago
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    Sorry I couldn't finish it for you my iPad froze up and got weird :(

  8. lonewolf265
    • 3 years ago
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    no prob :)

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