SOLUTION: how to I figure out: If I put $416 into the bank for 44 years at 6% APR how much will I have?

SOLUTION: how to I figure out: If I put $416 into the bank for 44 years at 6% APR how much will I have?

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Question 669236: how to I figure out: If I put $416 into the bank for 44 years at 6% APR how much will I have?
Answer by Alan3354(69443) (Show Source): You can put this solution on YOUR website!
how to I figure out: If I put $416 into the bank for 44 years at 6% APR how much will I have?
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If it's compounded annually, it's
416*1.06^44
= $5401.96
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