$1500 at 12% interest for two years
Business
Blake1053
Question
$1500 at 12% interest for two years
2 Answer

1. User Answers mun52022
1500*.12*2= $360 in interest
Total 1860 by the end of 2 years 
2. User Answers mckennasage
First, convert 12% into a decimal. 12/100 = 0.12
1500*0.12 = 180. 1500+180 = 1680.
so it's 1,680 the first year.
1,680*0.12 = 201.60
1,680 + 201.60 = 1881.6
so 1,881.60 the second year!
So answer is, $ 1,881.60