Mathematics, 28.01.2020 03:31 AgentPangolin
If we get the 100 from number 1 each year for ten years and invest each payment in an account that earns 8% how much will be there at the end? (1448.66)
Answers: 2
![FV = P[\frac{(1+r)^n-1}{r}]](/tpl/images/0474/8325/a7c93.png)
![FV = 100[\frac{(1+0.08)^{10}-1}{0.08}]\\FV=\$1,448.66](/tpl/images/0474/8325/d23f7.png)
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If we get the 100 from number 1 each year for ten years and invest each payment in an account that e...
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