Asked by George
Suppose Taylor win $18000 in a lottery. If she invests half in a CD earning 4.2 % annual interest compounded quarterly and the rest in saving account earning 3.7% annual interest compounded monthly . How much money does she have after 10 years
Answers
Answered by
Reiny
amount = 9000(1.0105)^40 + 9000(1.00308333...)^120
=
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