Heartland13 Heartland13

23-05-2017
Mathematics

contestada

Liam puts $2,000 in the bank with a 3% annual interest rate compounded annually. If Liam does not touch his money, how much money will he have after two years?
A) $2,000.06
B) $2,060.00
C) $2,120.00
D) $2,121.80

Respuesta :

Аноним Аноним

23-05-2017

The answer is D. $2121.80

Answer Link

Аноним Аноним

23-05-2017

amount after 2 years = 2000(1 + 0.03)^2

= $2121.80

D

Answer Link

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