Mathematics, 16.10.2021 14:00 Arealbot
Sandra plans to retire and can receive a lump sum of $26,376 from her pension provider.
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She decides to invest of the lump sum for 8 years and use the rest for travelling.
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Her bank account pays 4.99% compound interest per annum.
How much interest will Sandra receive from this investment after 8 years?
Round your answer to the nearest thousand dollars.
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Answers: 3
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Sandra plans to retire and can receive a lump sum of $26,376 from her pension provider.
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