Question

Find the value of $10,000 in 10 years. The investment earns 8% for four years and then earns 4% for the remaining six years

Answer 1

Answer: After investing for 10 years at 8% interest

Step-by-step explanation: your $10,000 investment will have grown to $21,589 This calculator determines the future value of $10k invested for 10 years at a constant yield of 8.00% compounded annually