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Mkey [24]
3 years ago
7

Before you begin, please take a moment to mark your test version on your scantron. thanks! now, you inherit $200,000 today. rath

er than spending it, you decide to invest it. if you earn 12% per year (compounded annually), how much money will you have in 30 years?
a. $ 5,991,984.42
b. $ 6,740,982.48
c. $ 7,189,928.27
d. $ 8,987,410.33
Mathematics
1 answer:
Over [174]3 years ago
8 0
Initially you invested $200k

after 30 years, the total money you will have given that you earn 12% per year would be calculated like this

$200000(1+(12/100))^30

= $5991984.40

answer is A
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\displaystyle = \frac{35}{100}\times 72\\\\=\boxed{\bold{25.2}}

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<h3>Learn more</h3>

find the percent  

brainly.com/question/12541026  

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Keywords : cream filling, danishes, trays, breakfast

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