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Total amount if $500 is invested at 4% compounded annually for 10 years
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Total amount if $500 is invested at 4% compounded annually for 10 years
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Mar 5, 2019
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Total amount if $500 is invested at 4% compounded annually for 10 years
Mathematics
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Katalonis
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Katalonis
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P(10) = P(2.7183) ^ 0.04 times 10
P(10) = P(2.7183) ^ 0.4
P(10) = P(
1.49182868673)
P(10) =
745.914343367
Rounded, it would be
746
. Hope it
helps! :)
Irbull
answered
Mar 10, 2019
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Irbull
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