You've decided to deposit your money in the bank at the beginning of the year instead of the end of the year, but now you are making payments of
$2,500 at an annual interest rate of 9%. How much money will you have available at the end of eight years-rounded to the nearest whole dollar?
$21,036
0 $42,073
0 $30,052
O $27,571

Question

01-02-2021
Mathematics

Answered

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You've decided to deposit your money in the bank at the beginning of the year instead of the end of the year, but now you are making payments of
$2,500 at an annual interest rate of 9%. How much money will you have available at the end of eight years-rounded to the nearest whole dollar?
$21,036
0 $42,073
0 $30,052
O $27,571

Sagot :

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