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31 votes
31 votes
I give you a 1000 dollars, you invest in the a stock that gets 10 percent interest yearly, after 3 years how much money will you have??

User Masmerino
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1 Answer

19 votes
19 votes



If the initial deposit is $1000 with 0 annual contributes and the invested time span is 3 years. Now you will have $1000 with $100 interest in 2023 you will have $210 interest in 2024 you will have $331 interest and by 2025 you will have $465 interest



2022 $1100
2023 $1210
2024 $1331
2025 $1465
User Moeed
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