Opening savings account, Uriah Heep celebrated his 18th

Opening savings account

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Reference no: EM131817184

Uriah Heep celebrated his 18th birthday by opening a savings account at the Thames River Bank and depositing $5,000. He continued to deposit the same amount on every subsequent birthday until he was 23 years old. After depositing $5,000 on his 23rd birthday Uriah decided to abandon his savings plan. He never saved? again, but he left the accumulated savings in the bank account. The bank paid an interest rate of 13 When Uriah turned? 65, he withdrew the money from the bank. What was the amount of his?withdrawal?

Reference no: EM131817184

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