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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 If no money is added or withdrawn from the​ account, answer the following questions.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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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 If no money is added or withdrawn from the​ account, answer the following questions.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 RockOnGom
by
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2 Answers

2 votes

Answer:

$5,708.68

Explanation:

A= 2000(1+6/100)¹⁸

User Gfrizzle
by
5.6k points
4 votes
How much money will be after is going to be 1875$
User Ola Bini
by
4.9k points
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