![Mathematics](/tpl/images/cats/mat.png)
Mathematics, 15.04.2021 04:40, luhmimi17
Use this scenario on this and the next problem.
Tobias received an inheritance from his grandfather of $20,000. When he gets out of
college in 4 years he wants to use it as a down payment on a piece of lakeside property.
If he puts all the money in a savings account paying 6.5% interest compounded daily,
how much money will be in the account at the end of the four years to use as the down
payment on the property?
![answer](/tpl/images/cats/otvet.png)
Answers: 1
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Do you know the correct answer?
Use this scenario on this and the next problem.
Tobias received an inheritance from his grandfather...
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