Question
Amount = principal x interest rate x years no? 10000 x .05 x 47 what did I do wrong? If an 18 year old has
Amount = principal x interest rate x years no?
10000 x .05 x 47
what did I do wrong?
If an 18 year old has $10,000 and that person puts that money into a savings plan that pays an annual interest rate of 5%, according to our textbook, at age 65 that $10,000 will have grown to _______.
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Derivatives Markets
Authors: Rober L. Macdonald
4th edition
321543084, 978-0321543080
