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Suppose you invested $6,000 and it grew by 8% every year for 5 years. how much would this investment be worth after 5 years? 1. $0.02 2. $8,815.96 3. $48,000 4. $8,864.73

Suppose you invested $6,000 and it grew by 8% every year for 5 years. how much would this investment be worth after 5 years? 1. $0.02 2. $8,815.96 3. $48,000 4. $8,864.73
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4 votes
Suppose you invested $6,000 and it grew by 8% every year for 5 years. how much would this investment be worth after 5 years?

1. $0.02
2. $8,815.96
3. $48,000
4. $8,864.73

User AerandiR
by
8.2k points

1 Answer

3 votes
4 because it goes up a lot every year and every year it gets more and more
User Nardeepsinh Vaghela
by
8.1k points
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