This Question: 1 pt 4 of 14 (3 complete)
Suppose you deposit $2,000 in a savings account that pays interest at an annual rate of 5%. If no money is added or withdrawn from the account answer the
a. How much will be in the account after 3 years?
b. How much will be in the account after 16 years?
c. How many years will it take for the account to contain $2,500?
d. How many years will it take for the account to contain $3,000?
2. After 3 years, the amount in the account will be s ik
(Do not round until the final answer. Then round to the nearest cent needed)
b. After 16 years, the amount in the account will be $
(Do not round until the final answer. Then round to the nearest cent as needed)
c. For the account to contain $2,500, it will take mkjh years
(Type a whole number)
d. For the account to contain $3.000, it will take 235 years
(Type a whole number)
JG
Enter your answer in each of the answer boxes.