Your parents are saving money for a nice vacation in 1 0 years. If they deposit $

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Question:

Your parents are saving money for a nice vacation in

10

years. If they deposit $

2, 750

into an investment account today and deposit another $

2, 750

in the account

5

years from

today, how much will they have in the account

10

years from

today? You can assume that the investment acount earns

9 %

per year.

The amount in your parents investment account in

10

years

(

rounded to the nearest

dollar

)

will be closest

to:

Posted Date: May 19, 2024 02:17 AM

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