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You deposit $2000 in an account earning 3% interest compounded monthly. How much will you have in the account in 20 years

You deposit $2000 in an account earning 3% interest compounded monthly. How much will you have in the account in 20 years
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15 votes
You deposit $2000 in an account earning 3% interest compounded monthly. How much will you have in the account in 20 years

User Univerio
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7.8k points

1 Answer

10 votes
$2,323.23 I believe
User Viktor Dahl
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7.8k points
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