Problem
Suppose that exist2,000 is placed in a bank account at the end of each year over the next 20 years. What is the accounts future worth at the end of 20 years when the interest rate 12% compounded: (a) yearly (b) quarterly?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.