SOLUTION: At the time of her grandsons birth, a grandmother deposits 4000 in an account that pays 6.5% compounded monthly. What will be the value of the account at the child's twenty-first
Question 138379: At the time of her grandsons birth, a grandmother deposits 4000 in an account that pays 6.5% compounded monthly. What will be the value of the account at the child's twenty-first birthday, assuming that no other withdrawls or deposits were made during this period?
thanks u Answer by checkley77(12844) (Show Source):