SOLUTION: Adrianne invested $2000 in an account at a 3.5% interest rate compounded annually she made no deposits or withdrawals on the account for 4 years determine to the nearest dollar t

SOLUTION: Adrianne invested $2000 in an account at a 3.5% interest rate compounded annually she made no deposits or withdrawals on the account for 4 years determine to the nearest dollar t

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Question 957281: Adrianne invested $2000 in an account at a 3.5% interest rate compounded annually she made no deposits or withdrawals on the account for 4 years determine to the nearest dollar the balance in the account after 4 years
Answer by checkley77(12844) (Show Source): You can put this solution on YOUR website!
2000(1+.035)^4
2000(1.035)^4
2000*1.1475=$2,295. ANS.
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