Question

Pls help free 51 points

Answer 1

Compound interest formula:

A = P(1+r/n)^nt

A ifs total amount

P = principal

r = interest rate

t = time

n = compound time

A = 2000(1+0.03/1)^4*1

A = $2,251.02

Answer 2

Answer:

The answer is  $2,240.00