You deposit $2,000 at the end of each year into an account earning 2% interest compound annually. How much will you have in the 
account in 15 years?
       
      
                
     
    
    
    
    
    1 answer:
            
              
              
                
                
Answer:
Simple interest = $600
Step-by-step explanation:
In this word problem, we will need to find the simple interest.
Formula:
I = prt or I = p x r x t 
Simple interest: final answer
I = (2,000)(.02)(15) multiply.
I = 600
Simple interest: $600
 
                                
             
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? ?? Hi so that doesn’t make sense