Every year you deposit $2,000 into an account that earns 2% interest per year. What will be

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Every year you deposit $2,000 into an account that earns 2% interest per year. What will be the balance of your account immediately after the 30th deposit?

(a) $44,793

(b) $60,000

(c) $77,385

(d) $81,136

(e) $82,759

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Engineering Economy

ISBN: 978-0133439274

16th edition

Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling

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