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An investment grows by 7% per year for 20 years. By what percent does it increase over the 20-year period?
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An investment grows by 7% per year for 20 years. By what percent does it increase over the 20-year period?
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Oct 20, 2017
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An investment grows by 7% per year for 20 years. By what percent does it increase over the 20-year period?
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Simon Schubert
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x=1 year
7%*20(x)=140%
Saladin Akara
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Oct 25, 2017
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Saladin Akara
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