Laura invested $2000 in a three-year CD that pays 4% compounded annually.
2 answers:
240 because 2000x0.04=80 X3= 240
Answer:
- Formula: A=P(1+


Step-by-step explanation:
P= 2000 R= 0.04 aka 4% N= 1 (annually is once a year) T=3 years
2000 (1 + 

Put this is in the math website desmos: 2000 (1 + 

And your answer should be: A= $2249.728
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