Jolene wants to invest $2000 into a money market account. interest is to be 6.5% compounded annually, and she wants to take the entire amount out after 5 years to put towards the purchase of a new car. how much will she have her down payment in five years?

Interest = 650$

Step-by-step explanation:

Given:

Invest  Inv = 2000$, interest rate r = 6.5% compounded annually

and time n = 5 years

Formula for calculation is:

Int = (Inv · r · n) / 100

Int = (2000 · 6.5 · 5) / 100 = 650$

Int = 650$

God with you!!!

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step-by-step explanation:

if you meant, "on the way from (3, 2) to (3, 14):

x does not change; y increases by 12.

ensure that you have copied down this problem correctly.   .