223k views
3 votes
your wealthy grandma gives you $500 check, and you deposit it into your savings account which earns 1% compounding interest. you keep it there for 4 years until your heading off to collage and want to buy some dorm supplies. How much money do you have available

User Mykroft
by
8.5k points

1 Answer

4 votes
$520.30 Hope this helps
User Josie Thompson
by
7.5k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories