How would you calculate 8 percent per annum on 2400?

Anonymous

∙ 8y ago

Updated: 8/20/2019

Divide 2400 by 100 and multiply by 8. That is 192. The total with that would be 2592. In each subsequent year, you would again divide the total by 100 an multiply by 8.

Wiki User

∙ 8y ago

What else can I help you with?

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