Answer:
sorry I'm not the best with math and sorry if I just waisted your time... :)
Answer:
Account Balance = Principal x (1 + interest rate (decimal)) number of years, compounded annually.
Step-by-step explanation:
This is based on the information provided: 2121.80 (1.03)2 = 2000 So, on your initial deposit of 2000, you can collect 121.80 in interest after two years.
It is 3 because you take 5 times 3 and it equals 15
