Posted: June 22nd, 2016
This is a multiple choice question. You deposit $2,000 in a savings account that pays 10 percent interest, compounded annually. How much will your account be worth in 15 years?
This is a multiple choice question.
You deposit $2,000 in a savings account that pays 10 percent interest, compounded annually. How much will your account be worth in 15 years?
a. $2,030.21
b. $5,000.00
c. $8,091.12
d. $8,354.50
e. $9,020.10
Expert paper writers are just a few clicks away
Place an order in 3 easy steps. Takes less than 5 mins.