Happy Harry has just bought a scratch lottery ticket and won $10,000 He wants to finance the future study of his newly born daughter and invests this money in a fund with a maturity of 18 years offering a promising yearly return of 6 What is the amount available on the 18th birthday of his daughter...

Amount won10000 interest 6 Per ...

Happy Harry has just bought a scratch lottery ticket and won $10,000. He wants to finance the

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Happy Harry has just bought a scratch lottery ticket and won $10,000. He wants to finance the future study of his newly born daughter and invests this money in a fund with a maturity of 18 years offering a promising yearly return of 6%. What is the amount available on the 18th birthday of his daughter?