Question: Viewing Saved Work River to Last ponse 2. (1.2/2.4 Points] DETAILS PREVIOUS ANSWERS MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Suppose you invest $2000 na

 Viewing Saved Work River to Last ponse 2. (1.2/2.4 Points] DETAILS

Viewing Saved Work River to Last ponse 2. (1.2/2.4 Points] DETAILS PREVIOUS ANSWERS MY NOTES ASK YOUR TEACHER PRACTICE ANOTHER Suppose you invest $2000 na savings account that pays an APR of 6%. If the account pays simple interest, what is the balance in the account after 20 years? (Round your answer to the nearest cont.) Recall that the simple interest formule does not use Excel. The simple interest formule calculates interest only. This question requests the account balance, not just interest earned $ 4400 If interest is compounded monthly, what is the balance in the account after 20 years? (Round your answer to the nearest cont.) x Enter a number a Show My Work SubtAnwe

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