What is the compound interest on $2000 at a rate of 10% per annum for 3 years?

Practice Questions

Q1
What is the compound interest on $2000 at a rate of 10% per annum for 3 years?
  1. $600
  2. $662
  3. $731
  4. $800

Questions & Step-by-Step Solutions

What is the compound interest on $2000 at a rate of 10% per annum for 3 years?
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