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You deposit $300 in an account earning 4% interest compounded annually. How much will you have in the account in 20 years?

You deposit $300 in an account earning 4% interest compounded annually. How much will you have in the account in 20 years?
asked 102k views
2 votes
You deposit $300 in an account earning 4% interest compounded annually. How much will you have

in the account in 20 years?

asked
User BrenBarn
by
8.3k points

1 Answer

6 votes
You will have 240$ in your account
answered
User Technomage
by
7.2k points
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