Suppose that $2000 is invested at a rate of 2%, compounded annually. Assuming that no withdrawals are made, find the total amount after 5 years. Do not round any intermediate computations, and round your answer to the nearest cent.
+4
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Suppose that $2000 is invested at a rate of 2%, compounded annually. Assuming that no withdrawals are made, find the total amount after 5 ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Home » Mathematics » Suppose that $2000 is invested at a rate of 2%, compounded annually. Assuming that no withdrawals are made, find the total amount after 5 years. Do not round any intermediate computations, and round your answer to the nearest cent.