Ashley K.
asked 11/11/16the value of the certificate was 1967.68 when you were 9 years old and 4839.72 when you were 18. how did your parents out into the certificate at your birth?
it has a locked in interest rate
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1 Expert Answer
They put in $800 at 10.5171 % interest.
10.5171 $800
1 884.1368
2 977.1223514
3 1079.887286
4 1193.460112
5 1318.977505
6 1457.695689
7 1611.003002
8 1780.433799
9 1967.683802
10 2174.622873
11 2403.330135
12 2656.090769
13 2935.434491
14 3244.157072
15 3585.348316
16 3962.422984
17 4379.154971
18 4839.715079
1 884.1368
2 977.1223514
3 1079.887286
4 1193.460112
5 1318.977505
6 1457.695689
7 1611.003002
8 1780.433799
9 1967.683802
10 2174.622873
11 2403.330135
12 2656.090769
13 2935.434491
14 3244.157072
15 3585.348316
16 3962.422984
17 4379.154971
18 4839.715079
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Kenneth S.
11/11/16