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?

Question

asked Jan 7, 2021 131k views

1 Answer

Roro · Answer 1 · 2021-01-12T18:52:35+0000

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: