boss1y boss1y
  • 17-02-2022
  • Mathematics
contestada

If 2000 is placed into a bank account that pays 3% compound interest per year, how much will be in the account after 2 years?

Respuesta :

jakbog27
jakbog27 jakbog27
  • 17-02-2022

Answer:

2,120 or 2,121.8

Step-by-step explanation:

It depends on the answers

3% of 2,000 is 60 dollars you add the 60 dollars to the bank account 2000 + 60 = 2060 3% of 2060 is 61.8

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