If you invest $2000 in an account, what is the balance in the account after 12 years if the money earns 2% monthly? Please write your answer to the nearest cents, or 2 decimal places. For example: $312.25

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section: Chapter Questions
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If you invest $2000 in an account, what is the balance in the account after
12 years if the money earns 2% monthly? Please write your answer to the
nearest cents, or 2 decimal places. For example: $312.25
Your answer
Transcribed Image Text:If you invest $2000 in an account, what is the balance in the account after 12 years if the money earns 2% monthly? Please write your answer to the nearest cents, or 2 decimal places. For example: $312.25 Your answer
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