Jessica Shiela Cardona plans to invest for retirement, which Jessica Shiela hopes will be in 20 years. S/he is planning to invest $25,000 today in U.S. Treasury bonds that will earn interest at 6.25 percent annually. How much will s/he have at the end of 20 years? (Round to the nearest dollar.)

Answer rating: 100% (QA)

To calculate the future value of the investment we can use the formula for compound interes... View the full answer