Using one line of R code, calculate the interest earned on an investment of $2000, assuming an interest rate of 3% compounded annually, for terms of 1, 2, …, 30 years. (Hint: use a vector to store the terms.)

Np Ms Office 365/Excel 2016 I Ntermed
1st Edition
ISBN:9781337508841
Author:Carey
Publisher:Carey
Chapter8: Working With Advanced Functions
Section: Chapter Questions
Problem 13RA
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Using one line of R code, calculate the interest earned on an investment of $2000, assuming an interest rate of 3% compounded annually, for terms of 1, 2, …, 30 years. (Hint: use a vector to store the terms.)

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