8. You deposit $2000 in an account that

Asked 11 months ago
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earns 5% annual interest. Find the balance
after 1 year if the interest is compounded
quarterly.
A. $2,100
B. $2,101.89
C. $2,102.32
D. $2,102.49

1 Answer

2

Answer: A, $2,100

Step-by-step explanation:

2000x1.05=2,100

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Einar Wiza
15.5k 3 10 26
answered 11 months ago