SOLUTION: You invest $2,000 in an account that is compounded annually at an interest rate of 5%. You never withdraw money from the account. How much money will be in the account after 4 year

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Question 1068031: You invest $2,000 in an account that is compounded annually at an interest rate of 5%. You never withdraw money from the account. How much money will be in the account after 4 years?

Answer by josgarithmetic(39613)   (Show Source): You can put this solution on YOUR website!
One year for one compounding period.
for x in years;



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