Question:

Samantha invested $2000 at 11 % to be compounded monthly.

Last updated: 7/12/2022

Samantha invested $2000 at 11 % to be compounded monthly.

Samantha invested $2000 at 11 % to be compounded monthly. What will be the value of Samantha's investment in 3 years? Round your answer to the nearest cent, if necessary. Note: 365 days in a year and 30 days in a month.