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A company has $54,000 in a bank account that pays an interest of 2% per year. How much money can I withdraw at the end of one year?

A company has $54,000 in a bank account that pays an interest of 2% per year. How much money can I withdraw at the end of one year?
asked 63.0k views
17 votes
A company has $54,000 in a bank account that pays an interest of 2% per year. How much money can I withdraw at the end of one year?

asked
User Jason
by
8.1k points

1 Answer

7 votes

Answer:

$55,080

Explanation:

Hope this helps.

answered
User Sunn
by
8.9k points
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