SOLUTION: If I invest a one time sum of 9000$ into an account that pays 8.5% annual interest how much interest will I earn over the life of the investment

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Question 1204978: If I invest a one time sum of 9000$ into an account that pays 8.5% annual interest how much interest will I earn over the life of the investment
Answer by ikleyn(52925) About Me  (Show Source):
You can put this solution on YOUR website!
. 

(1)  Is the account simple interest or compounded interest ?


(2)  What is the life of the investment ? - How many years ?

Please clarify and then re-post to the forum.

Please do not post your update to me in person.