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Amax Inc. deposited $2,000 in a bank account that pays 12% interest annually. How much money will be in the account after 4 years?

Amax Inc. deposited $2,000 in a bank account that pays 12% interest annually. How much money will be in the

Amax Inc. deposited $2,000 in a bank account that pays 12% interest annually. How much money will be in the account after 4 years? a) $2,525 b) $2,800 c) $3,111 d) $3,100 e) $3,147 Amax Inc. deposited $2,000 in a bank account that pays 12% interest annually. How much money will be in the account after 4 years? a) $2,525 b) $2,800 c) $3,111 d) $3,100 e) $3,147 Amax Inc. deposited $2,000 in a bank account that pays 12% interest annually. How much money will be in the account after 4 years? a) $2,525 b) $2,800 c) $3,111 d) $3,100 e) $3,147

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