asked 105k views
2 votes
Suppose you are given a $1000 graduation gift from your grandparents at age 20. You consult and advisor and decide to invest this money for retirement over the next 45 years in an account that pays 8% interest compounded continuously.What will be the value of this account when you retire in 45 years?

asked
User Aelgoa
by
7.7k points

1 Answer

5 votes

Answer: divide and add

Explanation:

answered
User Andrzej Gis
by
8.4k points
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