SOLUTION: Jill wants to save to buy a car. She decides to open a banking account that is offering an interest rate of 4.5% compounded annually. How much will Jill have in her account after 5
Algebra ->
Customizable Word Problem Solvers
-> Finance
-> SOLUTION: Jill wants to save to buy a car. She decides to open a banking account that is offering an interest rate of 4.5% compounded annually. How much will Jill have in her account after 5
Log On
Question 1142186: Jill wants to save to buy a car. She decides to open a banking account that is offering an interest rate of 4.5% compounded annually. How much will Jill have in her account after 5 years if she deposits $7,000 today? Answer by ikleyn(52812) (Show Source):
