Question

use the formula for compound interest to find A
A=P(1+R) to the n power.
p=30,000 r=0.11and n =2 years

at the end of 2 years A is $?

Answer 1

so.... what did you get anyway?

Answer 2

\[A= 30000(1+(\frac{ 0.11 }{ 1 }) 2 = 66600\]

:D

Answer 3

i was trying to solve it myself lol

Answer 4

but 66600 is the answer?

Answer 5

Would you please share your actual calculations? How did you obtain 66600?