You deposit $7,000 of your high school graduation gift money into a savings account. How much will

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You deposit $7,000 of your high school graduation gift money into a savings account. How much will it be worth when you graduate from med school in seven years if interest rates are:

a. 3%?

b. 5%?

c. 6%?

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Personal Finance Building Your Future

ISBN: 978-0073530659

1st edition

Authors: Robert B. Walker, Kristy P. Walker

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Question Posted: Apr 18, 2018 09:49 AM

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You deposit $7,000 of your high school graduation gift money into a savings account. How much will

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PV of deposit in savings account 7000 Number of years 7 Amoun...View the full answer

Personal Finance Building Your Future

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