Register
If you deposit $2000 a year for 30 years into a bank account, with 3% interest compounded annually how much will you have after 30 years
184k views
1 vote
If you deposit $2000 a year for 30 years into a bank account, with 3% interest compounded annually how much will you have after 30 years

User Tikotzky
by
6.2k points

1 Answer

4 votes

Answer:

The answer is $4854.52

Explanation:

2000(1.03)∧30=4854.52

User Titianne
by
6.6k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

7.4m questions

9.9m answers

Other Questions

How do you estimate of 4 5/8 X 1/3
Write words to match the expression. 24- ( 6+3)
Please solve the following equation. x-6x=56
whats the most accurate estimation of 65+77
Find the additive inverse of 18/23
Link Copied!