Question

Multiple choice :)

The amount to which $1000 accumulates if invested for 2 years at 10% interest paid annually is?

A. $1020.10
B. $1100
C. $1200
D. $1210

Answer 1

10% of a thousand is 100 right

Answer 2

100+1000=1100

Answer 3

10%1100 is 110

Answer 4

1000*(1.1)^2=1210

Answer 5

which means 1000*1.1=1100.

1100*1.1= 1210

Answer 6

tyvm! i hate all money questions.. lol

Answer 7

Sorry I couldn't finish it for you my iPad froze up and got weird :(

Answer 8

no prob :)