SOLUTION: Research interest rates for a savings account, checking account, and money market account at different financial institutions. Note the compounding period for each. How much wou

Algebra ->  Finance -> SOLUTION: Research interest rates for a savings account, checking account, and money market account at different financial institutions. Note the compounding period for each. How much wou      Log On


   



Question 1072198: Research interest rates for a savings account, checking account, and money market account at different financial institutions. Note the compounding period for each.
How much would $10,000 be worth in each account in 50 years?

Answer by addingup(3677) About Me  (Show Source):
You can put this solution on YOUR website!
How much would $10,000 be worth in each account in 50 years? Well, that depends on their rates. Are you going to tell us the rates so we can help you or do you plan to keep them secret, in which case please help yourself?