document.write( "Question 826923: Some investments in the stock market have earned 10% annually. The total value of the investment, A, at this rate can be found using A=P(1.10)^n, where P is the initial value of the investment and n is the number of years the money is invested. If $1000 is invested in the stock market at this annual rate of return, what is the expected total value after 18 years?
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document.write( "A.4,054.47
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document.write( "b.5,559.92
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document.write( "c.18,700.00
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document.write( "d.19,800.00 \n" );
document.write( "
Algebra.Com's Answer #498336 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! Some investments in the stock market have earned 10% annually. The total value of the investment, A, at this rate can be found using A=P(1.10)^n, where P is the initial value of the investment and n is the number of years the money is invested. If $1000 is invested in the stock market at this annual rate of return, what is the expected total value after 18 years? \n" ); document.write( "---- \n" ); document.write( "A(18) = 1000(1.1)^18 = $5,559.92 \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "============== \n" ); document.write( "A.4,054.47 \n" ); document.write( "b.5,559.92 \n" ); document.write( "c.18,700.00 \n" ); document.write( "d.19,800.00 \n" ); document.write( " \n" ); document.write( " |