Here is the homework. Attempt this,try this...get it right, get it wrong. This will be the basic foundation as we move forward.
- If Clint deposits $249 into a bank account that pays 4% interest annually, how much (in total) will Clint have in the account at the end of 6 years?
- What the total be if the interest was compounded annually?
- How long will it take Clint to double his money? (Use the information provided)
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