Stefani S.

asked • 04/12/21

Suppose that $2000 is invested at a rate of 4.8%, compounded monthly.

Suppose that $2000 is invested at a rate of 4.8%, compounded monthly. Assuming that no withdrawals are made, find the total amount after 5 years.


Do not round any intermediate computations, and round your answer to the nearest cent.

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