Answer:
Step-by-step explanation: The formula to find compound interest is,
A=P(1+R/N)^N*T
P=Principal Amount( Initial Value)
R=Rate
N=Number of Time
T= The time period
So plug it in
P=2000
R=0.10
N=1
T=3
The equation is A=2000(1+0.1)^3*1
Plug it in the calculator just like that and your answer is $2662
