Respuesta :
Principal Balance: 2000
Compound Interest: 3%
Type: Yearly
2000 x 1.03 = 2060
Year 1 : £2060
2060 x 1.03 = 2121.8
Year 2: £2121.8
There will be £2,121.80 in the account after 2 years.
Principal Balance: 2000
Compound Interest: 3%
Type: Yearly
2000 x 1.03 = 2060
Year 1 : £2060
2060 x 1.03 = 2121.8
Year 2: £2121.8
There will be £2,121.80 in the account after 2 years.
