Himikozgo Himikozgo

Mathematics

Answered

Luis and Arnold did their own car wash during the weekends this past Summer. They made a total of $1,200 together. They decided they were going to invest their money. So they invested in stocks for Tesla. The interest they are making is at 12%. How much money would they earn after 7 years?

Answer :

Eddie1Wango Eddie1Wango

Step-by-step explanation:

Amount they will earn=Principal+Interest

Interest=$1200×0.12×7=$1008

Amount=$(1200+1008)=$2208

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