0
Anonymous
It is 300.
Wiki User
Chat with our AI personalities
600.00$
Total = 10000(1+i)n Total = 10000(1.2321)2 Total = 12321 Change = interest gained = 12321 - 10000 = 2321
4000
With only one year the value is 11600
2.98 % = 0.0298; 0.0298 X 10000 = 298.