SOLUTION: If I invested $78,000 and got a return of 10% a year and did not touch it for 10 years how much money would I have.

Algebra.Com
Question 857191: If I invested $78,000 and got a return of 10% a year and did not touch it for 10 years how much money would I have.
Answer by Alan3354(69443)   (Show Source): You can put this solution on YOUR website!
You have to spec if it's simple or compound interest.
If compound, what's the compounding period?

RELATED QUESTIONS

Your favorite aunt put money in a savings account for you. The account earns simple... (answered by richwmiller)
Jane has $10 000 to invest. She invested part of it in a term deposit that pays 4% per... (answered by checkley71)
I am having a bit of trouble with this - any help would be appreciated- Last year,... (answered by stanbon)
Charlie earns $4,900 in simple interest on a sum of money invested for 5 years at a 7%... (answered by stanbon,KMST)
A group of workers won the lottery and will each walk away with $10 000. Fred, one of the (answered by jim_thompson5910,addingup)
Hello, I am needing help on this money/percentage problem....I dont know where to start... (answered by Earlsdon)
donna invested part of her money at 8% and the remainder at 10%, if she invested P400,000 (answered by ikleyn)
donna invested part of her money at 8% and the remainder at 10%, if she invested P400,000 (answered by ikleyn)
donna invested part of her money at 8% and the remainder at 10%, if she invested P400,000 (answered by ikleyn,greenestamps)