Register
I give you a 1000 dollars, you invest in the a stock that gets 10 percent interest yearly, after 3 years how much money will you have??
111k views
3 votes
I give you a 1000 dollars, you invest in the a stock that gets 10 percent interest yearly, after 3 years how much money will you have??

User Santhosh John
by
4.4k points

1 Answer

4 votes



If the initial deposit is $1000 with 0 annual contributes and the invested time span is 3 years. Now you will have $1000 with $100 interest in 2023 you will have $210 interest in 2024 you will have $331 interest and by 2025 you will have $465 interest



2022 $1100
2023 $1210
2024 $1331
2025 $1465
User Ricardas
by
5.0k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

4.5m questions

5.8m answers

Other Questions

How can expansionary​ expenditure-based fiscal policy lead to crowding out in the​ economy? A. ​Expenditure-based fiscal policy increases the national​ debt, inducing​ forward-looking households and firms
Everyone has a unique spending plan. Which of the following factors has the greatest effect on a person's spending decisions?
Stevenson Company purchased equipment for $250,000 on January 1, 2010. The estimated salvage value is $50,000, and the estimated useful life is 5 years. The straight-line method is used for depreciation.
In order to attract younger customers to the Lacoste brand of clothing, CEO Robert Siegel made all of the major decisions in product planning, distribution, and promotion. He asked for no input from his
Andrew doesn’t want to spend a lot of money on student loans, and does not qualify for grants. what is his best option for affording a bachelors degree
Link Copied!