Register

If you save $500 at 3% for two years, the future value of your money will be?

If you save $500 at 3% for two years, the future value of your money will be?
asked 114k views
2 votes
If you save $500 at 3% for two years, the future value of your money will be?

asked
User Quique
by
8.3k points

1 Answer

7 votes
Fv=pv(1+tr)
Fv=500×(1+0.03×2)
Fv=530
answered
User Artur Kucaj
by
8.1k points
← Prev Question Next Question →

No related questions found

Ask a Question
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.

Categories

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
Link Copied!