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you own $1000 of stock that increases at a rate of 12% compounded annually. how much will the stock be worth in 10 years?
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you own $1000 of stock that increases at a rate of 12% compounded annually. how much will the stock be worth in 10 years?

User Joel Rondeau
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1 Answer

1 vote
1000 x 1.012 ^10 = 1126.691778
the answer is $1126.69
User Radhakrishnan Vivek
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6.7k points
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