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Studentka2010 [4]
1 year ago
12

How much is a one time investment of 250 be when invested at 6% for 40 years in compound annually

Mathematics
1 answer:
vova2212 [387]1 year ago
7 0

Hi

6% increase is multiply by 1,06

done 40 times

so : 250* 1,06^40 = 2571 ,

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