Question
I need to calculate the amount of money that I'll have at the end of the indicated time period, assuming that I will earn interest.
I need to calculate the amount of money that I'll have at the end of the indicated time period, assuming that I will earn interest.
I deposit $4000 in an account with an annual interest of 4.4% for 20 years.
What would be the amount of money that I would have at the end of 20 years ?
* I have to write either a integer or decimal
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Discrete Mathematics and Its Applications
Authors: Kenneth H. Rosen
7th edition
0073383090, 978-0073383095
