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A certain index fund starts out at $100 and decreases by 5% every year. How much money is left in the fund at the end of the 10-year period?

A certain index fund starts out at $100 and decreases by 5% every year. How much money is left in the fund at the end of the 10-year period?
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A certain index fund starts out at $100 and decreases by 5% every year.

How much money is left in the fund at the end of the 10-year period?

User Sumit Khanduri
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1 Answer

12 votes
$59.87

Step by step explanation This is how I got the answer to your question and I gave you the solution I hope this helps you out
User John Paulett
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