SOLUTION: Please help! :c) In 1940, your grandmother put $1000 into a special trust to be paid to a future grandchild (you) 60 years later, in the year 2000. How much will this trust

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Question 345658: Please help! :c)
In 1940, your grandmother put $1000 into a special trust to be paid to a future grandchild (you) 60 years later, in the year 2000.
How much will this trust be worth in the year 2000 if it has been earning 8%?

Answer by scott8148(6628)   (Show Source): You can put this solution on YOUR website!
1000 * (1 + .08)^60
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