Business, 28.07.2019 07:40 malikfitzgerald7392

Amother puts $10,000 into a special bank account on the date of birth of her first born. the account earns interest at a rate of 4%, and compounds 4 times per year. when the child turns 18, he receives the lump sum. how much will the child receive? a. $10,407.65 b. $11,961.47 c. $20,470.99 d. $168,422.62

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Amother puts $10,000 into a special bank account on the date of birth of her first born. the account...

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