parents put 1000 into a saving account at birth


Parents put $1000 into a saving account at birth of their children. If the account earns interest at 7% p.a compounded yearly, how much money will be in the account when their children is 18 years old?

Request for Solution File

Ask an Expert for Answer!!
Engineering Mathematics: parents put 1000 into a saving account at birth
Reference No:- TGS0218900

Expected delivery within 24 Hours