Register
Tina’s grandfather put $1000 in the bank for her when she was born. The account has been earning 5.85% interest compounded annually. Tina is now 18 years old. How much money is in the account?
138k views
3 votes
Tina’s grandfather put $1000 in the bank for her when she was born. The account has been earning 5.85% interest compounded annually. Tina is now 18 years old. How much money is in the account?

User Britney
by
8.3k points

1 Answer

4 votes
After 18 years the account has $2,053.00
User Tytyryty
by
8.2k points
← Prev Question Next Question →

Related questions

Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
Write words to match the expression. 24- ( 6+3)
Link Copied!