SOLUTION: what would 2 dollars deposted in a bank savings account in 1980 be worth today, 37 years later

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: what would 2 dollars deposted in a bank savings account in 1980 be worth today, 37 years later      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


    

Question 1065497: what would 2 dollars deposted in a bank savings account in 1980 be worth today, 37 years later
Answer by Edwin McCravy(20056) About Me  (Show Source):
You can put this solution on YOUR website!
That depends on the interest rate and whether compounded 
quarterly, monthly, etc., which you forgot to tell us.  
Tell me in the thank-you note form below and I'll get back 
to you by email.

Edwin