What is the interest on $200 at 2%

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Mathematics

29 January, 05:41

What is the interest on $200 at 2%

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Gordon Lamb · Answer 1

Step-by-step explanation:

Year 2% 4% 6% 8% 10%

0 200 200 200 200 200

1 204 208 212 216 220

2 208 216 225 233 242

3 212 225 238 252 266

4 216 234 252 272 293

5 221 243 268 294 322

6 225 253 284 317 354

7 230 263 301 343 390

8 234 274 319 370 429

9 239 285 338 400 472

10 244 296 358 432 519

11 249 308 380 466 571

12 254 320 402 504 628

13 259 333 427 544 690

14 264 346 452 587 759

15 269 360 479 634 835

16 275 375 508 685 919

17 280 390 539 740 1,011

18 286 405 571 799 1,112

19 291 421 605 863 1,223

20 297 438 641 932 1,345

21 303 456 680 1,007 1,480

22 309 474 721 1,087 1,628

23 315 493 764 1,174 1,791

24 322 513 810 1,268 1,970

25 328 533 858 1,370 2,167

26 335 554 910 1,479 2,384

27 341 577 964 1,598 2,622

28 348 600 1,022 1,725 2,884

29 355 624 1,084 1,863 3,173

30 362 649 1,149 2,013 3,490

31 370 675 1,218 2,174 3,839

32 377 702 1,291 2,347 4,223

33 384 730 1,368 2,535 4,645

34 392 759 1,450 2,738 5,110

35 400 789 1,537 2,957 5,620

36 408 821 1,629 3,194 6,183

37 416 854 1,727 3,449 6,801

38 424 888 1,831 3,725 7,481

39 433 923 1,941 4,023 8,229