If you invest $1,000 at the age of 15 and it earns 9% annually, what will the original investment be worth at the age of 62? *

asked Jul 5, 2021 205k views

2 votes

If you invest $1,000 at the age of 15 and it earns 9% annually, what will the

original investment be worth at the age of 62? *

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2 votes

Answer:

4230

Explanation:

I=PRT

I=1000*9/100*62-15

I=1000*9/100*47

I=4230

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