Liam was born on October 1, 2009. His grandparents put $20,000 into an account that yielded 3%
interest compounded quarterly. When Liam turns 18, his grandparents will give him the money
for a college education. How much will Liam get on his 18th birthday?

Question

01-01-2021
Mathematics

Answered

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Liam was born on October 1, 2009. His grandparents put $20,000 into an account that yielded 3%
interest compounded quarterly. When Liam turns 18, his grandparents will give him the money
for a college education. How much will Liam get on his 18th birthday?

Sagot :

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