SOLUTION: Use the formula for compond interest to find A A = P(l + r)^n P=$300000,R = 0.12, AND N = 2 YEARS At the end of 2 years A is $_

Algebra ->  Polynomials-and-rational-expressions -> SOLUTION: Use the formula for compond interest to find A A = P(l + r)^n P=$300000,R = 0.12, AND N = 2 YEARS At the end of 2 years A is $_      Log On


   

Question 717488: Use the formula for compond interest to find A
A = P(l + r)^n
P=$300000,R = 0.12, AND N = 2 YEARS
At the end of 2 years A is $_
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
A=300000(1.12)^2
A=300000(1.2544)
A=$376,320.00