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The expression 2000(1.1)t represents the value of a 2000 investment that earns 10% interest per​ year, compounded annually for t years. What is the value of a ​$2000 investment at the end of 3 ​years?
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The expression 2000(1.1)t represents the value of a 2000 investment that earns 10% interest per​ year, compounded annually for t years. What is the value of a ​$2000 investment at the end of 3 ​years?

User Vidalbenjoe
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1 Answer

3 votes
A=1000(1.1)^2
A=$1210
User Cvibha
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8.8k points
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