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John invests $10,000 for two years at 10% compounded annually. how much will john have after the two years?

John invests $10,000 for two years at 10% compounded annually. how much will john have after the two years?
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5 votes
John invests $10,000 for two years at 10% compounded annually. how much will john have after the two years?

User Hasif Seyd
by
8.3k points

2 Answers

6 votes
Fv= 10,000×(1+0.1)^(2) =12,100
User Hitesh Bavaliya
by
8.4k points
0 votes
10,000 x 1.1^2 = $12,100
User Fghf
by
7.8k points
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