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An investment grows by 7% per year for 20 years. By what percent does it increase over the 20-year period?

An investment grows by 7% per year for 20 years. By what percent does it increase over the 20-year period?
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An investment grows by 7% per year for 20 years. By what percent does it increase over the 20-year period?

asked
User Simon Schubert
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1 Answer

5 votes
x=1 year

7%*20(x)=140%
answered
User Saladin Akara
by
8.1k points
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