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Bob Terwilliger 12345

Price: $1.99

Bob Terwilliger received $12,345 for his services as financial consultant to the mayor’s office of his hometown of Springfield. Bob says that his consulting work was his civic duty and that he should not receive any compensation. So, he has invested his paycheck into an account paying
3.98% annual interest and left the account in his will to the city of Springfield on the
condition that the city could not collect any money from the account for 200 years. How
much money will the city receive from Bob’s generosity in 200 years?

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