X 1. Sarah now has $2,000 How much would she have after 2 years if she leaves it invested at 2% with annual compounding? * O a) $2,081 O b) $2,800 O c) $2,900 O d) $245 e) None of the above Corroct answer

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Score released: REIN300 Assess x E BFIN300 Assessment 2
m/forms/d/e/1FAlpQLSc5SjbreWzC0 VZPB352KWagrUU-yugkfRTKBEPK
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X 1. Sarah now has $2,000. How much would she have after 2 years if she
leaves it invested at 2% with annual compounding?*
O a) $2,081
Ob) $2,800
O c) $2,900
O d) $245
e) None of the above
Correct answer
O a) $2,081
Transcribed Image Text:Score released: REIN300 Assess x E BFIN300 Assessment 2 m/forms/d/e/1FAlpQLSc5SjbreWzC0 VZPB352KWagrUU-yugkfRTKBEPK laptive Math | Ad. O New Tab X 1. Sarah now has $2,000. How much would she have after 2 years if she leaves it invested at 2% with annual compounding?* O a) $2,081 Ob) $2,800 O c) $2,900 O d) $245 e) None of the above Correct answer O a) $2,081
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