Ostroff, Fair and Company
*Ostroff, Fair and Company>>>Investing

Lil puts $2,000 in a saving account at an interest rate of 5% compound annully.?



after 4 yrs.about how much will she have in his savings account?

do your homework

*(2000 * 1.05) end yr 1
* 1.05) end yr 2
* 1.05) end yr 3
* 1.05) end yr 4
2000 * (1.05) power of 4 = $2431.01
Tags
Renting & Real Estate Personal Finance Investing Insurance Credit
Related information
  • Do you know the expansion of these................?
  • What does 'shares unused at fair value' mean ?
  • My dad is new to investments but how can he use his 401k to invest in the stockmarket or mutual funds?
  • How to read a stock chat?
  • Open an investment company - How to take the profits -?
  • How do I know when a stock goes "On Sale" ??
  • Do you think gold is dead like a lot of people have said this weekend if it can't break 700 it's down to 550??
  • Financial question. Does it worth the effort for a salary earner to keep $20000 in a savings deposit account ?
  •  

    Finance Categories--Copyright/IP Policy--Contact Webmaster