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Kyoko has $ 1 0 , 0 0 0 that she wants to invest. Her bank has several investment accounts to choose from, all compounding
Kyoko has $ that she wants to invest. Her bank has several investment accounts to choose from, all compounding daily. Her goal is to have $ by the time she finishes graduate school in years. To the nearest hundredth of a percent, what should her minimum annual interest rate be in order to reach her goal? If you use an online financial calculator look up "compound interest calculator" to answer this, provide a screenshot of three different scenarios that you tried, as well as the correct one.
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