Mathematics, 31.05.2021 06:00 awesome266
Sandra plans to retire and can receive a lump sum of $26,376 from her pension provider. She decides to invest 2/3 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: 3
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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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