You are considering investing in a savings account. You have $15,000 now and you do not anticipate needing that money fo
Posted: Thu May 19, 2022 12:10 am
You are considering investing in a savings account. You have
$15,000 now and you do not anticipate needing that money for 10
years.
Banks are paying 8.5% interest rate per year.
If you invest, How much money will you have after
10-years?
Enter your answer in the following format: 12345.67
Hint: Answer is between 31201.57 and 36967.08
$15,000 now and you do not anticipate needing that money for 10
years.
Banks are paying 8.5% interest rate per year.
If you invest, How much money will you have after
10-years?
Enter your answer in the following format: 12345.67
Hint: Answer is between 31201.57 and 36967.08