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How much would $100 growing at 5% per year be worth after 10 years

How much would $100 growing at 5% per year be worth after 10 years
asked 96.0k views
5 votes
How much would $100 growing at 5% per year be worth after 10 years

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User Franco Phong
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8.1k points

1 Answer

5 votes
It would be 100 x 1.05 calculated 10 times, so $162.89.
answered
User Zach Scrivena
by
8.2k points
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