Mathematics, 21.04.2021 01:00 Gabejenedu
Salvador inherited $20,000 and he plans to invest it into a savings account that earns 6%
interest compounded annually. Assuming he makes no additional deposits or withdrawals, what
will be the total value of Salvador's account ofter 10 years?
A. $55,816.95
B. $15,816.95
C. $35,816.95
D. $32,000
Answers: 2
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Salvador inherited $20,000 and he plans to invest it into a savings account that earns 6%
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