SOLUTION: The year he turned 18, Thomas Edison invested $200,000 at 0.8% compounded hourly. How much money would the account have now? Explain all steps. Be sure to include an explanation of

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Question 1209137: The year he turned 18, Thomas Edison invested $200,000 at 0.8% compounded hourly. How much money would the account have now? Explain all steps. Be sure to include an explanation of how you found out when Edison turned 18 and how you calculated n. Part of the credit is for your explanation. It should be thorough.

Answer by ikleyn(52884) About Me  (Show Source):
You can put this solution on YOUR website!
.

As I read this post, it is unclear to me, what you would like to learn as a result of this exercise.


        - How to calculate the compound account ?

        - How to learn when Thomas Edison turned 18 ?

        - How to find the number of hours in a year ?

        - Or all these things together ?


At this forum,  we teach  Math.   We do not teach on how to cook soup.