## Basic College Mathematics (9th Edition)

Year 1: $2000\times0.02=40$ Total: $2000+40=2040$ Year 2: $2040\times0.02=40.8$ Total: $2040+40.8=2080.8$ Year 3: $2080.8\times0.02=41.616$ Total: $2080.8+41.616=2122.416\approx2122.42$