Mathematics, 12.04.2021 04:00 mervesena01

At the time of her grandson's birth, a grandmother deposits $2000 in an account that pays 6.5% compounded monthly. What will be the value of the account at the child's twenty-first birthday, assuming that no other deposits or withdrawals are made during this period?

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At the time of her​ grandson's birth, a grandmother deposits $2000 in an account that pays 6.5% compounded monthly. What will be the value of the account at the​ child's twenty-first​ birthday, assuming that no other deposits or withdrawals are made during this​ period?

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Another question on Mathematics

At the time of her grandson's birth, a grandmother deposits $2000 in an account that pays 6.5% compounded monthly. What will be the value of the account at the child's twenty-first birthday, assuming that no other deposits or withdrawals are made during this period?