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INSTRUCTIONS Use your calculator, (show magic buttons). If you deposit $2000 in a bank, en Jan 15t 2023, and it pays 8%...... 1. How much
INSTRUCTIONS Use your calculator, (show magic buttons). If you deposit $2000 in a bank, en Jan 15t 2023, and it pays 8%...... 1. How much will you have in your acct on Jan 151 2024, if bank compounds interest annually? 2. Same question but bank pays interest quarterly? It is the Jan 151, 2023. You need 53000 on Jan 15t 2024. Your bank compounds interest annually at 10%. 3. How much do you need to deposit today
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