You deposit $2000 in an account earning 4% interest compounded quarterly. How much will you have in the account in 10 years? Round your answer to the nearest cent.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter7: Exponents And Exponential Functions
Section: Chapter Questions
Problem 69SGR
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You deposit $2000 in an account earning 4% interest compounded quarterly. How much will you have in the account in 10 years? Round your answer to the nearest cent.

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