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6 ÷ 100 × 20000 = 1200
It is 200.
5% ($72.50) per year.
200 intrest
4000 !
6 ÷ 100 × 20000 = 1200
Total value = 20000*(1.06)2 = 22472 So interest = 2472
0.05% of 20000 = 10
20000*3/100 = 600 per period.
It is 200.
$5,249.54
$2400
5% ($72.50) per year.
400.
50,940 dollars
200 intrest
Interest = 2472