SOLUTION: Find the future value of a $2000 deposit at 2.4% for 4 years if the account pays simple interest. Thanks

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Question 630431: Find the future value of a $2000 deposit at 2.4% for 4 years if the account pays simple interest.
Thanks
Answer by khv_maths(12) About Me  (Show Source):
You can put this solution on YOUR website!
Change 2.4 % to 0.024.
Add 0.024 with 1.
($2000*1.024)*4
=$2048*4
=$8192