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You have saved 0.78 in your Big Apple Bank and are waiting to welcome New Years Eve 2000 while working a night shift at Applied
You have saved 0.78 in your Big Apple Bank and are waiting to welcome New Years Eve 2000 while working a night shift at Applied Cryogenics. Unluckily, you trip over some wire and fall into a cryogenic cell, which locks until New Years Eve 3000. Assuming the bank kept paying an annual interest of 2.25%, how much money would you have in your account once you arrive at New Years Eve 3000? HINT: Assume compound interest.
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