a) Sixteen years ago your parents opened a saving account in your name and made a lump sum deposit, today the balance of
Posted: Sun May 29, 2022 6:04 pm
- A Sixteen Years Ago Your Parents Opened A Saving Account In Your Name And Made A Lump Sum Deposit Today The Balance Of 1 (34.66 KiB) Viewed 18 times
a) Sixteen years ago your parents opened a saving account in your name and made a lump sum deposit, today the balance of this account is $260,000. If the account has been earning 6% compounded annually, what was the balance in your saving account three years ago?