Mathematics, 12.03.2021 01:00 khandjia
Bob deposits $15,000 in a savings account when
is 20 years old. It earns 6% interest per year.
Mary deposits $30,000 in a savings account when she is 40 years old. It earns 8% interest per year.
Complete the chart below showing the TOTAL AMOUNT each person will have at age 60 using the different types of compounding.
Answers: 3
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You know the right answer?
Bob deposits $15,000 in a savings account when
is 20 years old. It earns 6% interest per year.
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