Get expert advice and community support for all your questions on IDNLearn.com. Get prompt and accurate answers to your questions from our community of experts who are always ready to help.
Answer:
Total = principal * (1+ rate/100)^ years
Total = 2,000 * 1.05^5
Total = 2,000 * 1.2762815625
Total = 2,552.36
Source: http://www.1728.org/compint2.htm
Step-by-step explanation: