asked 58.1k views
4 votes
Your planing to invest $500 at 12% compounded annually how much money would you have after 10years

asked
User Darknoe
by
8.5k points

1 Answer

10 votes
$1100 because 12% of 500 is $60 x 10 is $600 + 500
answered
User Nick Swan
by
8.2k points
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