Suppose you deposit $2,000 in a savings account that pays interest at an annual rate of %5. If no money is added or withdrawn from the account, answer the following questions.
a. How much will be in the account after 3 years?
b. How much will be in the account after 16years?
c. How many years will it take for the account to contain $2,500
d. How many years will it take for the account to contain $3,000
