A $35,000 investment at 5.5% for 30 years. Find the future value.
1 answer:
Answer:
$174438.30
Step-by-step explanation:
35000 × 1.055^30
(original amount) × (decimal percentage)^(years)
35000 × 1.055^30 = 174438.2951
round it up to = $174438.30
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