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Sean M.

asked • 10/20/20

A newborn child receives a ​$5,000 gift toward a college education from her grandparents. How much will the $5,000 be worth in 19 years if it is invested at 5.3​% compounded​ quarterly?

A newborn child receives a ​$5,000 gift toward a college education from her grandparents. How much will the $5,000 be worth in 19 years if it is invested at 5.3​% compounded​ quarterly?

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William W. answered • 10/20/20

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