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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asked Feb 17, 2023 166k views

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

Mathematics
high-school

AerandiR asked

by AerandiR

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1 Answer

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4 because it goes up a lot every year and every year it gets more and more

Nardeepsinh Vaghela answered Feb 23, 2023

by Nardeepsinh Vaghela

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