5.
When Fred turned 15, he deposited $1,000.00 in a savings account with an interest rate of 8% that is compounded monthly. How much money will Fred have when he turns 30?

$3,243.40
$3,309.55
$3,319.68
$3,306.92

Question

5.
When Fred turned 15, he deposited $1,000.00 in a savings account with an interest rate of 8% that is compounded monthly. How much money will Fred have when he turns 30?

    $3,243.40
    $3,309.55
    $3,319.68
    $3,306.92

therealmeeeee · Answer

@LostInSchool

anonymous · Answer

i have no idea about this one.. i have tried 14 different things and never gets your options :(