asked 103k views
5 votes
Graduation gift of $5,000 average 2.5% interest on the principal. 5. Say you were 18 yrs old when you deposited the money. How much money will be in the account when you withdraw it at the age of 66 years old, assuming it is compounded annually?

asked
User Elhombre
by
7.6k points

1 Answer

6 votes
X It’ll be at 8P84PB 66 years old for that mean it will be 144
answered
User Moylin
by
8.5k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.