Jared left $2000 in his saving account at his bank. His savings account pays 3.5% simple interest annually on the principal. He hasn't checked his balance in three years since his deposit, how much money will he have in this account?

Jared left $2000 in his saving account at his bank. His savings account pays 3.5% simple interest annually on the principal. He hasn't checked his balance in three years since his deposit, how much money will he have in this account?

CONCEPTS IN FED.TAX.,2020-W/ACCESS

20th Edition

ISBN:9780357110362

Author:Murphy

Publisher:Murphy

Chapter3: Income Sources

Section: Chapter Questions

Problem 79P

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