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allinson was left an inheritance by her great aunt on her 12th birthday but she´s no allowed to touch it until shes 21. she inherited 50000 on an account with 2% interest how much intrest would she hav earned at 21 years old

 Dec 1, 2020
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Iterest  was earned for  9 years = (21 - 12)

 

So....the interest earned  =  Ending amt - Beginning amt  =

 

50000 ( 1.02)^9  -  50000  = 

 

$9764.52 

 

cool cool cool

 Dec 1, 2020

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