If $2000 is invested at a compound interest rate of 6% per annum, what will be t

Practice Questions

Q1
If $2000 is invested at a compound interest rate of 6% per annum, what will be the total amount after 5 years?
  1. $2676.00
  2. $2500.00
  3. $2800.00
  4. $3000.00

Questions & Step-by-Step Solutions

If $2000 is invested at a compound interest rate of 6% per annum, what will be the total amount after 5 years?
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