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OleMash [197]
3 years ago
10

Your grandfather put some money in an account for you on the day you were born. You are now 18 years old and are allowed to with

draw the money for the first time. The account currently has $3996 in it and pays an 8% interest rate. A. How much money would be in the account
World Languages
1 answer:
Kipish [7]3 years ago
5 0

Answer:

FV=$3,996(1.08)=$6848.44

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Explanation:

Firstly, we should note that 1000 meters = 1 kilometer.

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