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When mark was 2 years old his parents invested 2,000 in a money market account with annual average interest rate of 8% after 15 years how much money will he have in the account<…

When mark was 2 years old his parents invested 2,000 in a money market account with annual average interest rate of 8% after 15 years how much money will he have in the account<…
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2 votes
when mark was 2 years old his parents invested 2,000 in a money market account with annual average interest rate of 8% after 15 years how much money will he have in the account

User Mattgi
by
8.1k points

1 Answer

2 votes

Answer:

$4400

Explanation:

I=PRT

I=(2000)(8%)(15)

I=4400

User Leon Nicholls
by
8.0k points
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