$35,000 to invest in a saving account. She receives a steady interest rate of 2.15% compunded monthly. She would like to save for the next 20 years and then take her money out. What would be her balace at the end of the 20 years? $35,000.50 $50,050.00 $15,050.50 $53,783.3
$35,000 to invest in a saving account. She receives a steady interest rate of 2.15% compunded monthly. She would like to save for the next 20 years and then take her money out. What would be her balace at the end of the 20 years? $35,000.50 $50,050.00 $15,050.50 $53,783.3
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Hailie has $35,000 to invest in a saving account. She receives a steady interest rate of 2.15% compunded monthly. She would like to save for the next 20 years and then take her money out. What would be her balace at the end of the 20 years?
$35,000.50
$50,050.00
$15,050.50
$53,783.32
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