SOLUTION: If I invest $2000 over 24 months with a loss of 8% each month how much would I have made?

SOLUTION: If I invest $2000 over 24 months with a loss of 8% each month how much would I have made?

Algebra.Com

Question 805689: If I invest $2000 over 24 months with a loss of 8% each month how much would I have made?
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
If I invest $2000 over 24 months with a loss of 8% each month how much would I have made?
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Ans: 2000*0.92^24 = $270.36 is your balance.
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Cheers,
Stan H.
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