Question

Suppose you deposit ​$2,000 in a savings account that pays interest at an annual rate of ​%5. If no money is added or withdrawn from the​ account, answer the following questions.
a. How much will be in the account after 3 ​years?

b. How much will be in the account after 16​years?

c. How many years will it take for the account to contain ​$​2,500

d. How many years will it take for the account to contain ​$​3,000

Answer 1

Answer:

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