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HELP.

A bank account started with $1000 and earned $10 interest per month
for two years. The bank then paid 2% interest on the account for the
next two years.

HELP A bank account started with 1000 and earned 10 interest per month for two years The bank then paid 2 interest on the account for the next two years class=

Respuesta :

sarahbliss312

Answer:

2992 or 2112

Step-by-step explanation:

$1,000 times 10% (0.1) = $100

$1,200 in a year.

$2,400 in a year + $1,000 originally = $3,400.

$3,400 * 0.12 = $408

#3,400 = $408 = $2,992.

Or..

$2,400 * 0.12 = $288

$2,400 - $288 = $2,112.

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