Suppose you deposit $2,000 in a savings account that pays interest at an annual rate of 5%. If no money is added or withdrawn from the account, answer the following questions.

a. How much will be in the account after 4 years?

b. How much will be in the account after 18 years?

c. How many years will it take for the account to contain $2,500?

d. How many years will it take for the account to contain $3,000?

Answer is by Aliwohaish12

Step-by-step explanation:

A) A=2,000×(1+0.04)^(3)=2,249.728

B) A=2,000×(1+0.04)^(18)=4,051.63

C) 2500=2000 (1+0.04)^t

Solve for t

T=log(2,500÷2,000)÷log(1+0.04)

T=5.7 years

D) t=log(3,000÷2,000)÷log(1+0.04)

t=10.3 years

which expression can be used to convert 80 us dollars (usd) to australian dollars (aud)?

1 usd = 1.0343 aud

1 aud = 0.9668 usd

step-by-step explanation:

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step-by-step explanation:

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