400.
Approx 11.34 years.
$2400
It will be 160.
3000
T = 3yrs
Interest = 2472
320
10 years
350*0.025*5 = 43.75
Interest for 1st year = $6 Principal after 1 year = $206 Interest for 2nd year = $6.18 Principal after 2 year = $212.18 Total Interest earned after 2 years = $12.18
After 6 years at a 30 percent interest rate, the total amount accumulated would be 1.30 times the original amount. This increase accounts for both the original value and the interest earned over the 6 years.
2.25 percent apex