Calculate the amount of money you'll have at the end of the indicated time period. You...

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Calculate the amount of money youll have at the end of the indicated time period. You invest $2000 in an account that pays s

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Answer 1

Answer #1

A = P ( 1+RT)

= P + P*R*T

= $2,000 + $2,000*0.04*30

=$2,000 + $2,400

= $4,400

Therefore, the amount at the end of 3 years is $4,400.

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Answer 2

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