Use the compound interest formula to determine the accumulated balance after the stated period.   ​$2000 invested at an APR of 5​% for 3 years.       If interest is compounded​ annually, what is the amount of money after 3 ​years?   ​$

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
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ISBN:9780079039897
Author:Carter
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Chapter7: Exponents And Exponential Functions
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Use the compound interest formula to determine the accumulated balance after the stated period.
 
​$2000
invested at an APR of
5​%
for
3
years.
 
 
 
If interest is compounded​ annually, what is the amount of money after
3
​years?
 
​$
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