document.write( "Question 1073455: An inheritance of £400000 will provide how much at the end of each year for the next 20 years , if money is worth 7% compounded annually \n" ); document.write( "
Algebra.Com's Answer #688278 by addingup(3677)![]() ![]() You can put this solution on YOUR website! \"will provide how much at the end of each year\": \n" ); document.write( "If you take out the earnings at the end of each year there is no compounding, you begin every new year with the same 400000. \n" ); document.write( "So every year you get 400000*0.07 \n" ); document.write( " |