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Salvador inherited $20,000 and he plans to invest it into a savings account that earns 6% interest compounded annually. Assuming he makes no additional deposits or withdrawals, what will be the total value
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Mar 14, 2022
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Salvador inherited $20,000 and he plans to invest it into a savings account that earns 6% interest compounded annually. Assuming he makes no additional deposits or withdrawals, what will be the total value of Salvador’s account after 10 years?
Mathematics
middle-school
Jim Blandy
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15,000 good Luck! And that’s a lot of money
Ash Burlaczenko
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Mar 18, 2022
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