What will be the compound interest on $2000 at 5% per annum after 4 years?

Practice Questions

Q1
What will be the compound interest on $2000 at 5% per annum after 4 years?
  1. $400
  2. $500
  3. $600
  4. $800

Questions & Step-by-Step Solutions

What will be the compound interest on $2000 at 5% per annum after 4 years?
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