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chubhunter [2.5K]
3 years ago
5

Your grandparents give you $1000 for your tenth birthday to invest for your college education. You research some investment comp

anies around town and find one that pays you 4.2% and compounds quarterly. If you leave the money in your account until your 18th birthday, how much money will you have? Show all your work.
Mathematics
1 answer:
iogann1982 [59]3 years ago
5 0

Answer:

33,600

Step-by-step explanation:

1000 × 4.2 = 4200 x 8 = 33,600

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