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Help me please Trina invests $ 16000 at a rate of 5% per year interest. Work out the value of her investment at the end of a year.

Help me please Trina invests $ 16000 at a rate of 5% per year interest. Work out the value of her investment at the end of a year.
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Help me please

Trina invests $ 16000 at a rate of 5% per year interest. Work out the value of her investment at the end of a year.

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User Harinsamaranayake
by
8.6k points

1 Answer

10 votes

Answer:

16820.16 dollar.

Explanation:

future =present value *(1+i)^n

n=1 year.

Help me please Trina invests $ 16000 at a rate of 5% per year interest. Work out the-example-1
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User Iskandar
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