Mathematics
Mathematics, 20.02.2021 08:00, nancysue1975

SOMEONE HELP WITH THIS INTEREST PROBLEM When Jack turned 21, he decided to start investing $200 a month every year for nine years. At age 30, he decided to stop investing altogether.

Blake started a little later, investing $200 a month every month starting at age 30, all the way until the ripe old age of 67.

Assuming that they were both amazing at investing and made 11% interest per year, how much money will they both have at age 67?

Also, what surprised you about this? What was important about this question?

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Answers: 1

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SOMEONE HELP WITH THIS INTEREST PROBLEM When Jack turned 21, he decided to start investing $200 a m...

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