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Mathematics, 17.10.2021 03:10 nxxjx
Andrei deposits $25,400 into a pension fund that invests in stocks. After a successful year in investing on the stock market, the fund agrees to pay a simple interest rate of 12% for the first year. What will the balance be after one year? Give your answer in dollars to the nearest dollar. Do not include commas or the dollar sign in your answer. For example, if your answer is $1,234.56 enter 1235.
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Andrei deposits $25,400 into a pension fund that invests in stocks. After a successful year in inves...
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