Suppose Miss Roxanne Davenport is 25 years old right now and puts away $1,800 per quarter in an account that returns 6% interest. How much will be in the account when she turns 65? What is her total contribution to the account? How much interest did she earn? do I use annuity formula?
Suppose Miss Roxanne Davenport is 25 years old right now and puts away $1,800 per quarter in an account that
returns 6% interest.
How much will be in the account when she turns 65?
What is her total contribution to the account?
How much interest did she earn?
do I use annuity formula?
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