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Title: Your Godmother established a $3,000 bank account for you when you were born. For the first 10 years ...
Post by: tetleyelmo on Jan 13, 2017
Your Godmother established a $3,000 bank account for you when you were born. For the first 10 years the interest rate on the account was 10%. It has been 7.5% since then. You are now 25 years old and would like to withdraw the funds. How much money do you have?
A) $23,023.70
B) $18,295.02
C) $32,504.12
D) $25,828.32
E) $23,445.80


Title: Re: Your Godmother established a $3,000 bank account for you when you were born. For the first 10 ...
Post by: Blimp on Jan 18, 2017
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