document.write( "Question 481134: If I invest $20,000 annually for 20 years at an annual interest rate of 8%, how much will the investment be after 20 years? \n" ); document.write( "
Algebra.Com's Answer #329476 by Theo(13342)\"\" \"About 
You can put this solution on YOUR website!
if you are investing at the end of each year,and your money is compounded annually, then you will have $915,239.286 at the end of the 20th year.
\n" ); document.write( "if you are investing at the beginning of each year, and your money is compounded annually, then you will have $988,458.4288 at the end of the 20th year.
\n" ); document.write( "
\n" ); document.write( "
\n" );