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PLEASE HELP You have $7,500 in a college savings account that earns 4.25% compound interest. What will the account balance be at the end of 12 years?
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PLEASE HELP

You have $7,500 in a college savings account that earns 4.25% compound interest. What will the account balance be at the end of 12 years?

User Tyress
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1 Answer

5 votes

Answer:

well if your earning interest daily your future total is: 12,489.31

But if your earning it monthly: 12,478.44

Yearly: 12,358.74

Explanation:

User Roro
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