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Posted on May 17, 2024

At the end of 2009 a student has $800 in a bank savings deposit that is earning an interest rate of 7 percent a

At the end of 2009 a student has $800 in a bank savings deposit that is earning an interest rate of 7 percent a year. If the student leaves the savings account untouched, when will his deposit have grown to $1600? If the student leaves the savings account untouched, his deposit will have grown to $1600 OA. by 2019 B. after 20 years C. by 2014 D. after 5 years

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