22-10-2019
Mathematics

contestada

Adrianne invested $2000 in an account at a 3.5% interest rate compounded annually. She made no deposits or withdrawals on the account for four years. Determine to the nearest dollar the balance in the account after the four years

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Аноним Аноним

22-10-2019

Answer:

[tex]2,295[/tex] [tex]dollars[/tex]

Step-by-step explanation:

This is our equation that I could find within this question.

[tex]2000(1+.035)^4[/tex]

[tex]==> 2000(1.035)^4[/tex]

[tex]==> 2000 * 1.1475[/tex]

[tex]==> 2,295[/tex]

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