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2 years ago

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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

1 answer:

Dmitriy789 [7]2 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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