When you were born, your parents opened an investment account in your name and deposited $1,500 into the account.The account has earned an average annual rate of return of 5.3percent.Today, the account is valued at $42,856.How old are you?
A)71.47 years
B)70.67 years
C)61.08 years
D)67.33 years
E)64.91 years

Question

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The Answer of When you were born, your parents opened an investment account in your name and deposited $1,500 into the account.The account has earned an average annual rate of return of 5.3percent.Today, the account is valued at $42,856.How old are you?
A)71.47 years
B)70.67 years
C)61.08 years
D)67.33 years
E)64.91 years

When You Were Born, Your Parents Opened an Investment Account