The expression 1000(1.1)^t represents the value of a $1000 investment that earns 10% interest per year, compounded annually for t years. What is the value of a $1000 investment at the end of 4 years? Do not use a unit label or comma when enter the answer
2 answers:
After 4 years
Answer: 1464.1
Step-by-step explanation:
Given : The expression
To find the value of a $1000 investment at the end of 4 years, we substityte x = 4 in the given expression , then
Therefore, the value of a $1000 investment at the end of 4 years = 1464.1
You might be interested in
Answer:
59 degrees, 44 plus 77 is 121, subtract from 180
100 times longer because the sand grand is a very tiny particle
The account is $4,480 after 3 years with a 4% investment
Answer:
I do not know if there is this worksheet online which comes with answers, but you can post questions here on brainly, and I can help you clarify them!!
:>>
Answer:
10+2-6=6
Step-by-step explanation:
If you don’t need to use all the numbers,
10+2-6=6
