how do I get the total of 2000$ at 12% intrest anually compounded for 10years
A = P(1 + r)n
A = final amount
P = beginning amount = $2000.00
r = yearly interest rate as a decimal = 0.12
n = number of years = 10
A = 2000(1 + 0.12)10 = $6211.70
Please make your question clearer!. Do you mean how much money you have to have today to get $2000 in 10 years? Or, how much money you have to deposit every year to get $2000 in 10 years?.
