Solved: If you invested 1500 twelve years ago at 65 interest, Mathematics

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If you invested 1500 twelve years ago at 65 interest

You are ready to purchase your first home. You find a house for sale for $165,000 in a nice neighborhood. If you invested $1,500 twelve years ago at 6.5% interest compounded monthly, how much money do you have available to help with the down payment?

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Mathematics: If you invested 1500 twelve years ago at 65 interest

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Mathematics: If you invested 1500 twelve years ago at 65 interest

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