After several years of working, Katy has saved $125,000. If she invests that $125,000 in a savings fund that adds 4% each year,

Question

1 year ago

10

After several years of working, Katy has saved $125,000. If she invests that $125,000 in a savings fund that adds 4% each year,

about how much will her savings account have after15 years? For this question, ignore compounding and taxes, and assume Katy does not put additional money into savings.

Mathematics

1 answer:

fomenos · Answer 1 · 2023-06-24T10:39:29+03:00

fomenos1 year ago

8 0

The answer is 225117.93818 I hope this helped :)