Lee martin inherited 20000 from his great uncle he would, Ask an Expert

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Lee Martin inherited $20,000 from his great uncle. He would like to invest this money into his retirement account which earns 8% annually. If the money compounds quarterly, how much will he have when he retires in 10 years? Round your answer to the nearest whole dollar. Answers should not include commas, decimal points, or dollar signs. For example, $2,523.65 should be submitted as 2524.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9985554

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