Michelle opened a savings account for her emergency fund. She deposited $2000 into her account, which earns 2.10% interest, compounded monthly. How much will she have in the account after one year?

Michelle will have $28200 in account after one year.

Step-by-step explanation:

Given ,

P ( Principle amount )= $2000

r ( rate of interest)= 2.10% per month

n (number of times rate of interest is applied) = 12

t ( time period ) = 1 years

Compound Interest = P ( 1 + r/n ) * n*t

⇒  

⇒

⇒ 28200

Michelle will have $28200 in account after one year.

answer: there are 453.592 grams in a pound.

£56

step-by-step explanation: