Question 26.

Question 26 (3 points): Your grandfather invested $10,000 on the birth of his granddaughter to help pay for college. The money was placed in a bank account paying an APR of 3.0\% with monthly compounding. How much will the granddaughter have when she goes to college in 18 years (ignoring taxes)? Question 26 (3 points): Your grandfather invested $10,000 on the birth of his granddaughter to help pay for college. The money was placed in a bank account paying an APR of 3.0\% with monthly compounding. How much will the granddaughter have when she goes to college in 18 years (ignoring taxes)