This topic contains a solution. Click here to go to the answer

Author Question: Joan is diligent and, starting on her 19th Birthday, she deposits $1,000 in a bank account that pays ... (Read 187 times)

soccerdreamer_17

  • Hero Member
  • *****
  • Posts: 552
Joan is diligent and, starting on her 19th Birthday, she deposits $1,000 in a bank account that pays an interest rate of 10%. She continues to save for six more years culminating on her 25th birthday. After that birthday she stops saving but leaves her accumulated savings in a bank account for 40 years (to age 65). Roseanne is a partier and doesn't start saving until her 26th birthday, at which time she starts saving $1,000 a year until her 65th birthday. (Assume that Roseanne also earns a rate of 10%.) Who has more at age 65?
◦ Roseanne
◦ Joan
◦ They will have the same amount of money.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by soccerdreamer_17 on Apr 25, 2021

vboyd24

  • Sr. Member
  • ****
  • Posts: 341
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 30% of students answer this correctly




soccerdreamer_17

  • Member
  • Posts: 552
Reply 2 on: Apr 25, 2021
YES! Correct, THANKS for helping me on my review


Animal_Goddess

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Excellent

 

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

For a complete list of videos, visit our video library