skylarstone1230 skylarstone1230

03-08-2017
Mathematics

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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

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Аноним Аноним

03-08-2017

The answer is : [tex] 2 ~Year: A=1000(1.1)^2 A=$1210 For 4 Year: A=1000(1.1)^4 A=$1464.10[/tex]

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