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Mrs. C loans Mr. R $50 000 to start his magic shop. She charges him 20% interest compounded anually. how much will he own her in FIVE years? Show your work including the formula for calculating compound interest.​

Answer :

SOELLERSSEAN73GO

Answer:

2,000

Step-by-step explanation:

JOSHUACYOSMITHGO

Answer: it should be 100,000

Step-by-step explanation:

If I am doing this right than 20% of 50,000 is 10,000. That will be 50,000. So 50,000+50,000=100,000.

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