asked 220k views
5 votes
If you have​ $10,000 and invest it at​ 8% for three​ years, it will be worth​ $11,411.66 at the end of that time. this best describes​ _______.

asked
User Boba Fit
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1 Answer

2 votes
A decreased return than originally expected, if you invested 10,000 at 8% by the end of the first year should be 10800 and the second year 11440 and much more than that for the third year. So this best describes an unexpected negative return.
answered
User Wim Vanhenden
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8.4k points
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