Gayle starts to save at age 20 for an extended vacation around the world that she will take on her 45th birthday. She will contribute $1000 each year to the account, which earns 1.65% annual interest, compounded quarterly. What is the future value of this investment when she takes her $23,637.84
$30,867.18
$11,790.49
$123,468.71
My answer is $30,867.18
1 answer
yeah that’s right but which formula did you use to get it