NINASHEPARD77 NINASHEPARD77

04-08-2022
Mathematics

contestada

How much is a one time investment of 250 be when invested at 6% for 40 years in compound annually

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redbudtree84 redbudtree84

04-08-2022

Hi

6% increase is multiply by 1,06

done 40 times

so : 250* 1,06^40 = 2571 ,

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