halie2293 halie2293

13-01-2021
Mathematics

contestada

you deposit $2000 in an account earning 3% interest compounded monthly. How much will you have in the account in 10 years?

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simms304 simms304

13-01-2021

if it’s 3% that’s 36% a year which means 360% in ten years. $2000+360%=$9200

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