Answer
$2697.20$
Work Step by Step
$2000*(1+.025/4)^{4*12})$
$2000*(1.00625)^{48})$
$2000*1.348599$
$2697.20$
Algebra 1
by Hall, Prentice
Published by
Prentice Hall
ISBN 10:
0133500403
ISBN 13:
978-0-13350-040-0
Chapter 7 - Exponents and Exponential Functions - Chapter Review - 7-7 Exponential Growth and Decay - Page 466: 62
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