Simplify \(5\%\) to \(0.05\).
\[2000(1+\frac{0.05}{1})\times 1.2\]
Simplify \(\frac{0.05}{1}\) to \(0.05\).
\[2000\times (1+0.05)\times 1.2\]
Simplify \(1+0.05\) to \(1.05\).
\[2000\times 1.05\times 1.2\]
Simplify \(2000\times 1.05\) to \(2100\).
\[2100\times 1.2\]
Simplify.
\[2520\]
2520
