Question:

Suppose you deposit $2000 in a savings account that pays at

Last updated: 7/9/2022

Suppose you deposit $2000 in a savings account that pays at

Suppose you deposit $2000 in a savings account that pays at an annual rate of 4%. If no money is added or withdrawn from the account, how many years will it take for the account to contain $3000? A = P(1+r)^n Select one: a. 6 years b. 8 years c. 11 years d. 4 years