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Sagot :
The total amount that Adele will have in her account at the end of the 3 years is $2,315.25.
Given that, principal=$2000, rate of interest=5% and time period=3 years.
How to calculate the compound interest?
Compound interest, or 'interest on interest', is calculated using the compound interest formula. The formula for compound interest is [tex]A = P(1 + \frac{r}{100})^{nt}[/tex], where P is the principal balance, r is the interest rate, n is the number of times interest is compounded per time period and t is the number of time periods.
Now, A=2000(1+5/100)³
=2000(1+0.05)³
=2000(1.05)³
=$2,315.25
Therefore, the total amount that Adele will have in her account at the end of the 3 years is $2,315.25.
To learn more about compound interest visit:
https://brainly.com/question/14295570.
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