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
6.0k 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
6.6k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.6m questions

8.7m answers

Other Questions

One reason that businesses want to combine with other businesses is to A. avoid taxes. B. delay expenses. C. hire more workers. D. reduce expenses.
Which of the following possesses the sole power to create revenue bills?
Which of the following is an example of a fixed expense? A.) Clothing B.) Rent C.) Food D.) Entertainment
All of the following are fees typically charged by credit card companies EXCEPT: A. Late payment fee B. Balance Transfer fee C. Annual membership fee D. Reload fee
Individuals are free to produce and sell whatever products they wish
Link Copied!