Use the compound amount formula:
$2,300 = P(1+0.02)^3. Solve this for P:
P = $2,300 / (1.02)^3 = $2167.34.
By depositing $2,167.34 now, Cheryl would have $$2300 after three years.
2,125,764 because every year it is multiplier by three which reaches to 2,125,764
Answer:
r = correlation coefficient
Step-by-step explanation:
