A $950 deposit for 18 years compounded at
an annual interest rate of 2.21%

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mckinney112008 mckinney112008

03-12-2020
Mathematics

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A $950 deposit for 18 years compounded at
an annual interest rate of 2.21%

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jaygreen4th jaygreen4th · Answer 1 · 2020-12-03T22:39:20+01:00

jaygreen4th jaygreen4th

03-12-2020

Answer: 1408.01$

Step-by-step explanation: Use the compound interest formula P*(1+r)^n Where P is the initial value, r is the interest rate, and n is the number of periods

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A $950 deposit for 18 years compounded at an annual interest rate of 2.21%

Respuesta :

Otras preguntas

A $950 deposit for 18 years compounded at
an annual interest rate of 2.21%