Question

$12597.12
EXERCISE
1. Calculate the compound interest on investing $600 for 2 years at 7% per
annu.​

Answer 1

Answer:

$686.94

Step-by-Step Explanation-

FORMULA ~ A= P(1+r)^n

A= 600(1+0.07)^2

A=600(1.07)^2

A=600( 1.1449)

A= $686.94

So, ya that's the ans