you deposit $2000 in an account that pays 3% annual interest. Find the balance after 10 years if the interest is compounded quarterly. Please give your answer to 2 decimal places.
Using our compound interest calculator, with 10 * 4 = 40 quarters, we have:
$2,696.70
Using our compound interest calculator, with 10 * 4 = 40 quarters, we have:
$2,696.70