Mathematics, 01.04.2021 17:50 daty0355

You win the lottery and invest $25,000 of your winnings into a savings account that gains interest at a rate of 6.5% per year, compounded monthly. About how much would this amount be worth after 10 years? A. 46,928
B. 46,928
C. 14,029,867
D. 47,085

Answers: 2

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You win the lottery and invest $25,000 of your winnings into a savings account that gains interest at a rate of 6.5% per year, compounded monthly. About how much would this amount be worth after 10 years? A. 46,928 B. 46,928 C. 14,029,867 D. 47,085

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Other questions on the subject: Mathematics

Questions in other subjects:

You win the lottery and invest $25,000 of your winnings into a savings account that gains interest at a rate of 6.5% per year, compounded monthly. About how much would this amount be worth after 10 years? A. 46,928
B. 46,928
C. 14,029,867
D. 47,085