How much will the teacher have in principal and interest at


A teacher won $100,000 and invests this money for 5 years at an interest rate of 4% (compounded annually).

How much will the teacher have in principal and interest at the end of the 5 years?

Solution Preview :

Prepared by a verified Expert
Finance Basics: How much will the teacher have in principal and interest at
Reference No:- TGS02839988

Now Priced at $10 (50% Discount)

Recommended (96%)

Rated (4.8/5)