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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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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?

User Jim Blandy
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7 votes
15,000 good Luck! And that’s a lot of money
User Ash Burlaczenko
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