Answer :

Answer:

D. $4083.21

Step-by-step explanation:

Thanks for taking the time to read Find the total amount for 3600 at 6 5 interest compounded annually for 2 years. We hope the insights shared have been valuable and enhanced your understanding of the topic. Don�t hesitate to browse our website for more informative and engaging content!

Rewritten by : Barada

Answer:

$4083.21

Step-by-step explanation:

Compound interest is an interest rate that stacks on top of each other

So basically I did 3600 × 1.065 for the first year

=3834

then i did 3834 × 1.065 again to calculate the second year

=4083.21

Hope this helps! If you have any questions ask! :)