Mathematics, 29.11.2020 21:10 hayleedowney0143
Laura invests $3600 in a savings account for 2 years. The account pays 3.52% compound interest per annum. Laura has to pay 40% tax on the interest earned each year. The tax is taken from the account at the end of each year. How much is in the account at the end of 2 years?
Answers: 1
= $50.69 (This amount is deducted from interest )
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Laura invests $3600 in a savings account for 2 years. The account pays 3.52% compound interest per a...
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