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20-02-2020
Mathematics

contestada

Find the balance in the account after the given period.
$2000 principal earning 3% compounded annually, 4 years

The balance after 4 years will be $??

Respuesta :

amy789cal amy789cal

20-02-2020

Answer:

2240

Step-by-step explanation:

I think you find 3% of 2000 which is 60

Then you multiply that by 4 which is 240

Add it to the 2000

and get 2240

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