Register

What is the value of a 1000 dollar investment that loses 5% each year

What is the value of a 1000 dollar investment that loses 5% each year
160k views
4 votes
What is the value of a 1000 dollar investment that loses 5% each year

User Chris Whittle
by
8.1k points

1 Answer

5 votes

Answer:

$663.42

Step-by-step explanation:

1000(0.95)^8

= $663.42

User Userspaced
by
8.7k points
← Prev Question Next Question →

No related questions found

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

9.4m questions

12.2m answers

Categories

Other Questions

What can turn igneous rock into sediment?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is meant by data mining ?
Link Copied!