3. On Bob's 10th birthday, his grandmother invested $1,500 in an account * 21 that was locked into a 12.5% interest rate, compounded quarterly. Will he have enough for a $2500 down payment for his first

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asked Feb 25, 2023 210k views

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3. On Bob's 10th birthday, his grandmother invested $1,500 in an account * 21

that was locked into a 12.5% interest rate, compounded quarterly. Will he
have enough for a $2500 down payment for his first car on his 16th
birthday?

Mathematics
high-school

Janosh asked

by Janosh

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Answer: not sure. but as long as he saves his money wisely and doesn't spend frivilously

Explanation:

Shantanuo answered Mar 2, 2023

by Shantanuo

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