document.write( "Question 171519: On the day she was born, a girl's parents invested $2000 in a bank to save for her college education. At 6 1/4% interest compounded annually, how much will have accumulated by her eighteenth birthday? \n" ); document.write( "
Algebra.Com's Answer #126677 by Alan3354(69443)![]() ![]() You can put this solution on YOUR website! On the day she was born, a girl's parents invested $2000 in a bank to save for her college education. At 6 1/4% interest compounded annually, how much will have accumulated by her eighteenth birthday? \n" ); document.write( "------------------------ \n" ); document.write( "Future Value = $2,000*(1.0625)^18 \n" ); document.write( "FV = $30,067.91 \n" ); document.write( " \n" ); document.write( " |