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On the day their child was bom, her parents deposited $25,000 in a savings account that earns 11% interest annually. How much is in the account the day the child turns 16 years …

On the day their child was bom, her parents deposited $25,000 in a savings account that earns 11% interest annually. How much is in the account the day the child turns 16 years …
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5 votes
On the day their child was bom, her parents deposited $25,000 in a savings account that earns 11% interest annually. How much

is in the account the day the child turns 16 years old (rounded to the nearest cent)?

asked
User Jey Miranda
by
7.9k points

1 Answer

5 votes

Answer:

132772.36

Explanation:

132772.3583

answered
User Sukhveer Singh
by
7.4k points
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