Q2. 1 a) Dave wants to invest $2000 in an account that earns 2.5% interest compounded monthly. If he
leaves the money in the account for 5 years, how much money will he have at the end of those 5 years?
Question: Dave wants to invest $2000 in an account that earns 2.5% interest compounded monthly. If he leaves the money in the account for 5 years, how much money will he have at the end of those 5 years?