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Lord Percy Codwallop-Bensington just died and left you $120,000. You're investing it in an account promising 2% interest every year. After 35 years, what has Lord Percy's gift turned into?
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Lord Percy Codwallop-Bensington just died and left you $120,000. You're investing it in an account promising 2% interest every year. After 35 years, what has Lord Percy's gift turned into?

User MCMZL
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1 Answer

6 votes

120000 * .02 * 35 = 84000

120000+84000=204000.00

The gift has turned into 204000 Dollars

Hope this helped :)

User Nikolay DS
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