[tex]\bf ~~~~~~ \textit{Compound Interest Earned Amount} \\\\ A=P\left(1+\frac{r}{n}\right)^{nt} \quad \begin{cases} A=\textit{accumulated amount}\\ P=\textit{original amount deposited}\dotfill &\$2000\\ r=rate\to 2.7\%\to \frac{2.7}{100}\dotfill &0.027\\ n= \begin{array}{llll} \textit{times it compounds per year}\\ \textit{semiannually, thus twice} \end{array}\dotfill &2\\ t=years\dotfill &5 \end{cases}[/tex]
[tex]\bf A=2000\left(1+\frac{0.027}{2}\right)^{2\cdot 5}\implies A=2000(1.0135)^{10}\implies \stackrel{\textit{rounded up}}{A=2287.01}[/tex]
