3 years ago

what will the total value of an investment of $5000 be if it has an interest rate of 7% and is invested for 20 years

Mathematics

2 answers:

AlladinOne [14]3 years ago

7 0

Answer:$12000

Step-by-step explanation:

7% of 5000 is 350.

350x20 = 7000

5000 + 7000

12000

Thats without compound interest and considering market value.

The value of your money can always change. This is simply the base value without market change.

rosijanka [135]3 years ago

7 0

Answer:673

Step-by-step explanation:

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