SOLUTION: Find the accumulated value of an investment of $10,000 at 4% compounded annually for 17yrs.

SOLUTION: Find the accumulated value of an investment of $10,000 at 4% compounded annually for 17yrs.

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Question 23011: Find the accumulated value of an investment of $10,000 at 4% compounded annually for 17yrs.

Answer by Paul(988) (Show Source): You can put this solution on YOUR website!
Use
P=10000, n=0.04, t=17

simplify
A= 19479
Hence after 17 years the value is $19479.

I hope that helps.
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