Type the correct answer in the box. Spell all words correctly. George deposited $2,000 in his bank account, which offers 5 percent compound interest calculated annually. What would be the principal
amount available in George's account at the end of two years?
There would be a principal amount of $(the answer) in George's account at the end of 2 years.

Telecom co. enters into a two-year contract with a customer to provide wireless service (voice and data) for $40 per month. to induce customers, telecom co. provides a free phone. telecom co. normally sells the phone on a stand-alone basis for $200. telecom co. also charges the customer a one-time activation fee of $35.which of the following is true? a) there are two distinct performance obligations: the voice service and the data service b) the free phone constitutes as a marketing expense c) the activation fee is a separate performance obligationd) there are two distinct performance obligations: the wireless services and the phone