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Suppose you deposit ​$2,000 in a savings account that pays interest at an annual rate of ​6%. If no money is added or withdrawn from the​ account, answer the following questions. How much will be in the
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43 votes
43 votes
Suppose you deposit ​$2,000 in a savings account that pays interest at an annual rate of ​6%. If no money is added or withdrawn from the​ account, answer the following questions. How much will be in the account after 18 ​years?

User Gunanaresh
by
2.9k points

2 Answers

16 votes
16 votes

Answer:

$5,708.68

Explanation:

A= 2000(1+6/100)¹⁸

User Chris Bandy
by
2.8k points
15 votes
15 votes
How much money will be after is going to be 1875$
User Paul Fryer
by
3.2k points
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