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On olga's 16th birthday, her uncle investd $2,000 in an account that was locked into a 4.75% interest rate, compounded monthly. How much will Olga have in the account when …

On olga's 16th birthday, her uncle investd $2,000 in an account that was locked into a 4.75% interest rate, compounded monthly. How much will Olga have in the account when …
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on olga's 16th birthday, her uncle investd $2,000 in an account that was locked into a 4.75% interest rate, compounded monthly. How much will Olga have in the account when she turns 18?

User Glauco Neves
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just confirming, 4.75% is subtracted or deposited?
User Lukemh
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