How much money would be in the account

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Reference no: EM131887554

Your grandfather put some money into an account for you on the day you were born. You are now 18 years old and are allowed to withdraw the money. The account currently has $4,465 in it and pays an interest rate of 5%.

a. How much money would be in the account if you left the money there until your 25th? birthday?

b. What if you left the money until your 65th? birthday?

c. How much money did your grandfather originally put into the? account?

Reference no: EM131887554

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