Hugorivas48 Hugorivas48

20-10-2016
Mathematics

contestada

how much would $500 invested at 5% interest compounded annually be worth after 10 years?

Respuesta :

PandaNinja101 PandaNinja101

20-10-2016

Well you are gonna to have to do a formula.

FORMULA:

(500/5%)*10

First I would see how much 500/5%

500/5% = 10000

10000*10 = 100000

ANSWER = 100000

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