# SOLUTION: construct a formula to predict what I would have after 30 years If I invest 500 dollars at an annual interest rate of 6% ? How would I figure this out. I have been stuck for a week

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 Question 268306: construct a formula to predict what I would have after 30 years If I invest 500 dollars at an annual interest rate of 6% ? How would I figure this out. I have been stuck for a week now. Thank you Answer by Alan3354(31538)   (Show Source): You can put this solution on YOUR website!construct a formula to predict what I would have after 30 years If I invest 500 dollars at an annual interest rate of 6% ? How would I figure this out. I have been stuck for a week now. Thank you ------------------- Simple interest or compounded? How often is it compounded?