An investment made in the stock market decreased at a rate of 1.2% per year for 25 years. What is the current value of the $100,000 investment? Include your calculations in your final answer.

My account
Edit my Profile
Private messages
My favorites

Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question

asked Mar 17, 2019 77.9k views

4 votes

An investment made in the stock market decreased at a rate of 1.2% per year for 25 years. What is the current value of the $100,000 investment? Include your calculations in your final answer.

Mathematics
middle-school

Japs asked

by Japs

7.6k points

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

5 votes

The formula used is A = P (1 + r/n) ^(nt). Because of the negative interest, the compounded amount is only $695,929.30.

LongInt answered Mar 23, 2019

by LongInt

6.9k points

0 Comments

Please log in or register to add a comment.

Ask a Question

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

8.4m questions

11.1m answers

0 Comments

Please log in or register to add a comment.

Please log in or register to answer this question.

1 Answer

0 Comments

Please log in or register to add a comment.

Other Questions