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Will give 50 point privetely if correct and show work Ms. White invests $ 2000 in a savings plan. The savings account pays an annual interest rate of 5.75 % on the amount she pu…

Will give 50 point privetely if correct and show work Ms. White invests $ 2000 in a savings plan. The savings account pays an annual interest rate of 5.75 % on the amount she pu…
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Will give 50 point privetely if correct and show work

Ms. White invests $ 2000 in a savings plan. The savings account pays an annual interest rate of 5.75 % on the amount she puts in at the end of each year. How much will be in her savings plan at the end of 10 years?

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User DanCaparroz
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7.6k points

1 Answer

4 votes

Answer:

The solution is 2000 + 0.0575*2000*10 = 3150 dollars at the end of 10 years.

Explanation:

answered
User Mauro De Lucca
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7.4k points
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