What will the dollar amount be in years


Use the following information to answer the following question(s).A Max, Inc. deposited $2,000 in a bank account that pays 12% interest annually.What will the dollar amount be in four years, assuming that interest is paid annually? $2,800 $3,100 $3,111 $3,148?

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Accounting Basics: What will the dollar amount be in years
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