Mathematics, 20.06.2020 18:57 Avibx8x8
Sandra plans to retire and can receive a lump sum of $26,376 from her pension provider.
She decides to invest 23 of the lump sum for 8 years and use the rest for travelling.
Her bank account pays 4.99% compound interest per annum.
How much interest will Sandra receive from this investment after 8 years?
Round your answer to the nearest thousand dollars.
Answers: 2
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Sandra plans to retire and can receive a lump sum of $26,376 from her pension provider.
She decides...
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