This morning I deposited $10,000 into an investment account. One year from today, I will deposit $7,000 into the same account. The interest rate at which the account grows is 11 percent. How much will be in this account ten years from today? This morning I deposited $10,000 into an investment account. One year from today, I will deposit $7,000 into the same account. The interest rate at which the account grows is 11 percent. How much will be in this account ten years from today

Answer rating: 100% (QA)

To calculate the value of the account ten years from today we can use the formula for compound ... View the full answer