SOLUTION: retierment funds
five and a half years ago.chris invested 10,000in a reterminent fund that grew at thr rate of 10.82%/year compounded Quarterly what is the account worth today
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Question 372227: retierment funds
five and a half years ago.chris invested 10,000in a reterminent fund that grew at thr rate of 10.82%/year compounded Quarterly what is the account worth today
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
A=10000(1+.1082/4)^4*5.5
A=10000(1.02705)^22
A=10000*1.798933
A=17,989.33
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