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Sagot :
Answer:
$10
Step-by-step explanation:
We're gonna use the simple interest formula: A = P(1 + rt)
A = Final amount (?)
P = Starting amount (2000)
r = rate (0.06)
t = number of years (1/12 since it's been 1 month out of a year)
A = 2000(1 + 0.06(1/12))
A = 2000(1 + 0.005)
A = 2000(1.005)
A = 10
A = 1 + 0.06(1/12) x 2000
2000(1 + 0.005)
A = 2000(1 + 0.005)
A = 2000(1 + 0.005)
A equals 2000 (1.005)
A = 10
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