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Mathematics 12 Online
OpenStudy (anonymous):

MEDAAAL :D You invest $2,000 in an account that is compounded annually at an interest rate of 5%. You never withdraw money from the account. How much money will be in the account after 4 years?

OpenStudy (anonymous):

I think you have to use the formula of compound interest A = 20000(1 + 5/12)^4

OpenStudy (anonymous):

after that...?

OpenStudy (anonymous):

just put this in the calculator and find the answer

OpenStudy (anonymous):

great! thanks :D

OpenStudy (anonymous):

np :)

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