Your bank is offering an annually compounding interest rate of 13% plus a free dragon fruit tree.
Fantastic news! We've Found the answer you've been seeking!
Question:
Your bank is offering an annually compounding interest rate of 13% plus a free dragon fruit tree. You have $1110 you want to put into savings.
How much will you have in savings at the end of 6 years assuming you don't put any more money into the account after the initial investment.
Show excel formula
Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1285190907
8th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Posted Date: