jocelynsilva0 jocelynsilva0

17-10-2018
Mathematics

contestada

you invest 2,000 in an account that is compounded annually at an interest rate of 5%. you never withdraw money from the account. how much money will it be after four years.

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cinnamon916 cinnamon916

17-10-2018

I believe it is this:

Y=2000•(1.05)^4
Y=2431

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