Question

Please help!!!

Emma is considering making an investment that will earn an annual compound interest rate of 20%. How much more will the value of a $10,000 investment be worth if she chooses to invest her money for 3 years instead of 2 years?

(Don't forget your $ and the decimals.)

Answer 1

$2,000 dollars I believe

Answer 2

She will have a total of $16000 if she does it for 3 years instead of 2 years and making $14000, so the ammount more she will have is $2000