Question:
Suppose you deposit $2,000 in a savings account that pays
Last updated: 8/10/2022
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Suppose you deposit $2,000 in a savings account that pays interest at an annual rate of 4%, If no money is added or withdrawn from the account, answer the following questions. How much will be in the account after 3 years? b. How much will be in the account after 17 years? c. How many years will it take for the account to contain $2,500? d. How many years will it take for the account to contain $3,000?