Mathematics, 09.11.2021 07:40 thelonewolf5020

1.6 ACSF L5 SC Number: Simple and Compound Interest Sandra plans to retire and can receive a lump sum of $26,376 from her pension provider.
2
She decides to invest of the lump sum for 8 years and use the rest for travelling.
3
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.
$

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1.6 ACSF L5 SC Number: Simple and Compound Interest Sandra plans to retire and can receive a lump...

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