krxstxne85
krxstxne85 krxstxne85
  • 23-02-2021
  • Mathematics
contestada

$26,000 is invested at 8% p.a. If interest is compounded annually, find the balance after 35 years.​

Respuesta :

bugscochran
bugscochran bugscochran
  • 23-02-2021

Answer:

At the end of 35 years, your savings will have grown to $384,418.

You will have earned in $358,418 in interest.

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