Mathematics, 05.02.2022 04:20 daniellacalles
If $2,000 is invested in an account for 20 years. Calculate the total interest earned at the end of 20 years if the interest is:
(a) 5% simple interest: $
(b) 5% compounded annually: $
(c) 5% compounded quarterly: $
(d) 5% compounded monthly:$
$ Round your answers to the nearest cent.
Answers: 1
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If $2,000 is invested in an account for 20 years. Calculate the total interest earned at the end of...
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