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You have $50,000 which is deposited into a savings account on Jan. 1, 2009. This account pays 4% annually with interest compounded annually. What is
You have $50,000 which is deposited into a savings account on Jan. 1, 2009. This account pays 4% annually with interest compounded annually. What is the future value after 6 years (On Jan. 1, 2015)? The answer is: _________ (Input your number in whole numbers with NO $ signs, commas, or periods. For example $49,895.54 would be input as 49896.)
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