Respuesta :

mun52022
1500*.12*2= $360 in interest
Total 1860 by the end of 2 years
mckennasage
First, convert 12% into a decimal. 12/100 = 0.12
1500*0.12 = 180. 1500+180 = 1680.
so it's 1,680 the first year.
1,680*0.12 = 201.60
 1,680 + 201.60 = 1881.6
so 1,881.60 the second year!

So answer is, $ 1,881.60