amran46 amran46
  • 25-02-2021
  • Mathematics
contestada

Suppose you deposit $2,000 in a savings account that pays interest at an annual rate of 5% if no money is added or withdrawn from the account, how much will be in the account after 4 years?

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justinbeiberfan justinbeiberfan
  • 25-02-2021

Answer:

$2431.01

Step-by-step explanation:

2000×(1 + 0.05)^4 = 2431.0125

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