SOLUTION: suppose that $10,000 is invested at 7% interest. find the amount of money in the account after 10 years if the interest is compounded annually.

SOLUTION: suppose that $10,000 is invested at 7% interest. find the amount of money in the account after 10 years if the interest is compounded annually.

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Question 947516: suppose that $10,000 is invested at 7% interest. find the amount of money in the account after 10 years if the interest is compounded annually.
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
FV=10000(1.07)^10
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