What is the compound interest on $3000 at a rate of 9% per annum for 2 years?

Practice Questions

Q1
What is the compound interest on $3000 at a rate of 9% per annum for 2 years?
  1. $540.00
  2. $600.00
  3. $500.00
  4. $450.00

Questions & Step-by-Step Solutions

What is the compound interest on $3000 at a rate of 9% per annum for 2 years?
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