Question: If you deposit $ 2 , 0 0 0 in a bank account that pays 6 % interest annually, how much will be in your

If you deposit $2,000 in a bank account that pays 6% interest annually, how much will be in
your account after 5 years?
a. Use the equation to solve the question.
b. Use the Financial Calculator to solve the question. Write down your input and output in
the table.
Inputs
N I/YR PV PMT FV
Output

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