rosehayden21
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 jhanzal
  • 04-04-2018
B (if annual interest), 
200+12%=224
224+12%=250.88
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