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Nathan inherited $100,000 from a wealthy uncle and invested the money in an account that earns 4% interest compounded annually. How much interest will this money earn if Nathan leaves it in the account
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29 votes
29 votes
Nathan inherited $100,000 from a wealthy uncle and invested the money in an account that earns 4% interest compounded annually.

How much interest will this money earn if Nathan leaves it in the account for 10 years?

User Ariando
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1 Answer

19 votes
19 votes
40,000 is how much he’ll earn from the investment
User Gordon McCreight
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