SOLUTION: John invests $10,000 for three years at 10% compounded annually. How much will John have after the three years?
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Question 271202: John invests $10,000 for three years at 10% compounded annually. How much will John have after the three years?
Answer by checkley77(12844) (Show Source): You can put this solution on YOUR website!
10,000(1+.10)^10
10,000(1.1)^10
10,000*2.593742=$25,937.42 ans.
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