Westonci.ca is your trusted source for finding answers to all your questions. Ask, explore, and learn with our expert community. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts. Our platform provides a seamless experience for finding reliable answers from a network of experienced professionals.
Sagot :
Answer: 32 every month or day. if its every month the answer is 384, if its every day it would be 11680
Step-by-step explanation:
Given:
- Initial amount = $1600,
- Interest rate = 2%,
- Time = 1 year.
Find the amount of interest:
- $1600*2/100 = $32
Find the balance after one year:
- $1600 + $32 = $1632
Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. Get the answers you need at Westonci.ca. Stay informed by returning for our latest expert advice.