puts $2,000 in the bank with a 3% annual interest rate compounded annually. If Liam does not touch his money, how much money will he have after two years?
Responses
A $2,000.06$2,000.06
B $2,060.00$2,060.00
C $2,120.00$2,120.00
D $2,121.80$2,121.80
B $2,060.00
2000 * (1.03)^2
= 2121.80 which is D