Help I don't know the formula
Chuck deposits $2000 into a bank account that compounds annually at an interest rate of . Assuming there are no other transactions, what will the balance be after years, in dollars?
Chuck deposits $2000 into a bank account that compounds semi-annually at an interest rate of . Assuming there are no other transactions, what will the balance be after years, in dollars?
Chuck deposits $2000 into a bank account that compounds quarterly at an interest rate of . Assuming there are no other transactions, what will the balance be after years, in dollars?
Chuck deposits $2000 into a bank account that compounds monthly at an interest rate of . Assuming there are no other transactions, what will the balance be after years, in dollars?
