Your grandmother has been putting $2000 into a savings account on every birthday since your first (that
Question:
Your grandmother has been putting $2000 into a savings account on every birthday since your first (that is, when you turned one). The account pays an interest rate of 4%. How much money will be in the account on your eighteenth birthday immediately after your grandmother makes the deposit on that birthday?
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Calculating the amount in the savings account To solve this we need to consider two parts 1 Total de...View the full answer
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Geethalakshmi Radhakrishnan
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Iam basically a Dental Surgeon. I have also graduated PhD in Biomedical sciences from Japan university. Both the above degrees helped me a lot in increasing my knowledge in those respective areas. I have research experience in Basic animal models on heart diseases and also in human stem cells. Experienced both in vitro molecular biology techniques as well as various animal disease models, published few scientific papers (Total Impact factor- 23.8) with international work experience in JAPAN for 4.5 years, presented scientific data at 9 international conferences, Successfully accomplished projects in Dental Pulp Stem cells. Execution and results-oriented, Always striving for quality and excellence, Quick learner & eager to increase knowledge.
I have experience as SME in Medical field.
I have worked as teachinv assistant during my PhD tenure.
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Related Book For 
Corporate Finance The Core
ISBN: 9781292158334
4th Global Edition
Authors: Jonathan Berk, Peter DeMarzo
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