Mathematics
Mathematics, 30.04.2021 20:50, cia196785920

5) Max is starting a savings account for college and puts in $2,000 as his starting balance. He earns simple interest at 5% every year, and must also pay 20% income tax on the interest earned annually. What is the overall balance after 2 years on the account after taxes have been paid?

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5) Max is starting a savings account for college and puts in $2,000 as his starting balance. He earn...

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