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s2008m [1.1K]
2 years ago
7

You invest $10,000 in an account with 1.250% interest, compounded

Mathematics
1 answer:
Luden [163]2 years ago
5 0

Answer:

Growth of $10,000 at 2% Interest

Year Amount

0 $10,000

1 $10,200

2 $10,404

3 $10,612

4 $10,824

5 $11,041

6 $11,262

7 $11,487

8 $11,717

9 $11,951

10 $12,190

$10,000 for 10 Years by Interest Rate

Rate Amount

1% $11,046

2% $12,190

3% $13,439

4% $14,802

5% $16,289

6% $17,908

8% $21,589

10% $25,937

12% $31,058

15% $40,456

20% $61,917

Step-by-step explanation:

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