Mathematics, 16.10.2020 14:01 ansbert289

On your 16th birthday, you open a savings account with $1000. The account pays 4% compound interest. How much will be in the account on your 50th birthday (the beginning of the 35th year in the account)? i don't really understand compound interest that well

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On your 16th birthday, you open a savings account with $1000. The account pays 4% compound interest....

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