The amount of money in an account doubles every 9 years. If is deposited into the account, how much will be in the account after 27 years?
Benjamin wants to save for a down payment on a home. How much will he need to invest in an account with APR, compounding daily, in order to reach his goal in 5 years?
Amelia opened a retirement account with APR in the year 2000. Her initial deposit was . How much will the account be worth in 2025 if the interest compounds monthly? How much more would she make if the interest compounded continuously?