SOLUTION: if i invest 5000.00 for a grandchild at 7% how much will it be worth when they turn 18??

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Question 598774: if i invest 5000.00 for a grandchild at 7% how much will it be worth when they turn 18??
Answer by Alan3354(69443) About Me  (Show Source):
You can put this solution on YOUR website!
if i invest 5000.00 for a grandchild at 7% how much will it be worth when they turn 18??
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At what age do you make the investment?
How often is the interest compounded?