Mathematics, 12.10.2020 07:01, montana53
Starting with the first, on each of Gideon's birthdays, Dr. Prince deposits $1200 into an account earning 4.9% interest compounded annually.
What is the total amount in the account after the deposit made on Gideon's eighteenth birthday?
How much should Dr. Prince have deposited each year if he had wanted the account to be worth $76000 on Gideon's eighteenth birthday?
Answers: 3
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Starting with the first, on each of Gideon's birthdays, Dr. Prince deposits $1200 into an account ea...
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