A man puts $10 in the bank for his son on each of his birthdays from the first to the twentieth inclusive. If the money accumulates at 3% compound interest, what is the total value on his son's twenty first birthday?
1
Expert's answer
2014-04-23T12:04:09-0400
Future value is calculated by the following formula:
Numbers and figures are an essential part of our world, necessary for almost everything we do every day. As important…
APPROVED BY CLIENTS
"assignmentexpert.com" is professional group of people in Math subjects! They did assignments in very high level of mathematical modelling in the best quality. Thanks a lot
Comments
Leave a comment