Answer:
$2072.60
Step-by-step explanation:
Every year you add on 6% so the multiplier will be 1.06
so start off:
1030 x 1.06 = 1091.8
1091.8 x 1.06 = 1157.308
.......... you repeat this 12 times for every year and the final answer is
2072.6562366
you take that answer and round it to 2072.60
Hope this helps :)
