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Abraham Lincoln's was born on February 12, 1809 in Hodgenville, Kentucky. This year, that is in 2020, we celebrate his 211 th birthday. If he
Abraham Lincoln's was born on February 12, 1809 in Hodgenville, Kentucky. This year, that is in 2020, we celebrate his 211th birthday.
If he received $1 every year on his birthday and the average interest rate was 5%/year in each year, how much money would he have by now? (Remember, he received the 1st dollar when he was born, thus on his 1st birthday he had $2.) Show work or screen shot. Two decimals.
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