20,600 at 8 % for 2 years
what is the actual question pleasewhat are we suppose to find if it growth or decay20600(1+8)^2 then 1668600
First you have to find 8% of 20,600, this would be the rate per year. Then multiply what you get by 2, to figure out how much it is for 2 years. The answer is 3,296. HOPE THIS HELPS!!
