Homework: 7.1 hw Score: 0 of 1 pt
6 of 9 (5 complete)
7.1.26
Suppose you deposit $2,000 in a savings account that pays interest at an annual rate of 5%. If no rioney is added or withdrawn from the account, answer the following questions.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 17 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?
a. After 4 years, the amount in the account will be $
(Do not round until the final answer. Then round to the nearest cent as needed.)