Question: Correct answer is written in brackets. How do I attain this answer? You invested $40,717 in an account that earns 7.2% compounded annually. After 59

Correct answer is written in brackets. How do I attain this answer?Correct answer is written in brackets. How do I attain this answer?

You invested $40,717 in an account that earns 7.2% compounded annually. After 59 years what will be total amount of interest your account earned on previously accrued interest? Your answer should be accurate to two decimal places. Answer: (2,248,204.14)

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