Register
Jasmine is saving money for her retirement. She is going to deposit $1900 in a savings account every year for the next 12 years. The account pays 4% interest compounded annually. What will be the final
116k views
4 votes
Jasmine is saving money for her retirement. She is going to deposit $1900 in a savings account every year for the next 12 years. The account pays 4% interest compounded annually. What will be the final value of the account after 12 years?

User Sonia John Kavery
by
5.1k points

1 Answer

4 votes
$2,812 will be the final value of the account
User HABO
by
5.3k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.5m questions

8.6m answers

Other Questions

What is the least common denominator of the four fractions 20 7/10 20 3/4 18 9/10 20 18/25
What is 0.12 expressed as a fraction in simplest form
Solve using square root or factoring method plz help!!!!.....must click on pic to see the whole problem
What is the initial value and what does it represent? $4, the cost per item $4, the cost of the catalog $6, the cost per item $6, the cost of the catalog?
What is distributive property ?
Link Copied!