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You deposit 2,500 today in account earning 4.5% annual interest and keep it for 10 years, you add 15,000 to your account but the rate
You deposit 2,500 today in account earning 4.5% annual interest and keep it for 10 years, you add 15,000 to your account but the rate on your account changes to 7.5% annual interest ( for existing balance and new deposit).you leave the account untouched for an additional 25 years. How much do you accumulate in 35 years?
choices are
A.98,821.36
B.115,151.43
c. 128384.36
D. 104394.81
E. 86251.21
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