Register

If you deposit $2000 a year for 30 years into a bank account, with 3% interest compounded annually how much will you have after 30 years

If you deposit $2000 a year for 30 years into a bank account, with 3% interest compounded annually how much will you have after 30 years
asked 184k views
1 vote
If you deposit $2000 a year for 30 years into a bank account, with 3% interest compounded annually how much will you have after 30 years

asked
User Tikotzky
by
7.7k points

1 Answer

4 votes

Answer:

The answer is $4854.52

Explanation:

2000(1.03)∧30=4854.52

answered
User Titianne
by
7.8k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

What is .725 as a fraction
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Write words to match the expression. 24- ( 6+3)
Link Copied!