How much would you need to deposit in an account now in order to have $2000 in the account in 15 years? Assume the account earns 3% simple interest. Round your answer to the nearest cent.

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Rikki Gibson asked Sep 26, 2023

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How much would you need to deposit in an account now in order to have $2000 in the account in 15 years? Assume the account earns 3% simple interest. Round your answer to the nearest cent.

Mathematics
college

Rikki Gibson asked Sep 26, 2023

by Rikki Gibson

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3136.62
2000e^(15•.03

David Tinker answered Oct 1, 2023

by David Tinker

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