Suppose you deposit $2,000 in a savings account that pays interest at an annual rate of 4%. If no money is added or withdrawn

Question

2 years ago

9

Suppose you deposit $2,000 in a savings account that pays interest at an annual rate of 4%. If no money is added or withdrawn

from the account, answer the following questions.
a. How much will be in the account after 3 years?
b. How much will be in the account after 17 years?
c. How many years will it take for the account to contain $2,500?
d. How many years will it take for the account to contain $3,000?

Mathematics

1 answer:

777dan777 [17] · Answer 1 · 2022-04-06T02:36:41+03:00

777dan777 [17]2 years ago

3 0

Is this Compount or Intrest?

Suppose you deposit ​$2,000 in a savings account that pays interest at an annual rate of 4​%. If no money is added or withdrawn

Suppose you deposit $2,000 in a savings account that pays interest at an annual rate of 4%. If no money is added or withdrawn