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marta [7]
3 years ago
13

The expression 1000(1.1)^t represents the value of a $1000 investment that earns 10% interest per year, compunded annually for t

years. What is the value of a $1000 investment at the end of each period? 1) 2 years 2) 4 years
Mathematics
1 answer:
Dmitriy789 [7]3 years ago
6 0
The answer is : 2 ~Year: A=1000(1.1)^2 A=$1210 For 4 Year: A=1000(1.1)^4 A=$1464.10
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