Question
You put $68,872 in your savings account at the bank today. The nominal interest rate is 4 %. Assuming you never took any money out:
You put $68,872 in your savings account at the bank today. The nominal interest rate is 4 %. Assuming you never took any money out: after 30 years, how much do you have in your savings account? Show the amount (no dollar sign) in pennies. E.g. 99.99
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Principles of Finance
Authors: Scott Besley, Eugene F. Brigham
6th edition
9781305178045, 1285429648, 1305178041, 978-1285429649
