esmiestewart211
esmiestewart211 esmiestewart211
  • 17-08-2021
  • Mathematics
contestada

If the present value of my investment is $1,000 and the rate of interest is 6% compounded annually, what will the value be after 10 years?​

Respuesta :

badtestbot28 badtestbot28
  • 22-08-2021

Answer:

$1790.84

Step-by-step explanation:

The investment will have value of 1000*(1+0.06)^10=1790.84 in 10 years

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