Mathematics, 07.06.2020 01:00 Ariannamorales5355

Assume that you want to replace your sailboat with a larger one in 3 years. To save for a down payment for this purchase, you deposit $2,000 for 3 years in a bank account that pays
10% annual interest, compounded annually. How much will be in the account at the end of 4
years?

Assume that you want to replace your sailboat with a larger one in 3 years. To save for a

down pa

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Assume that you want to replace your sailboat with a larger one in 3 years. To save for a down payment for this purchase, you deposit $2,000 for 3 years in a bank account that pays 10% annual interest, compounded annually. How much will be in the account at the end of 4 years?

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Another question on Mathematics

Assume that you want to replace your sailboat with a larger one in 3 years. To save for a down payment for this purchase, you deposit $2,000 for 3 years in a bank account that pays
10% annual interest, compounded annually. How much will be in the account at the end of 4
years?