document.write( "Question 1144047: Suppose you invest $5,000 at 9% interest, compounded annually, for 10 years. Determine the future value of your investment, using the compound interest formula.
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Algebra.Com's Answer #765023 by Alan3354(69443)![]() ![]() You can put this solution on YOUR website! Suppose you invest $5,000 at 9% interest, compounded annually, for 10 years. Determine the future value of your investment, using the compound interest formula. \n" ); document.write( "---------------- \n" ); document.write( "Is there some reason you don't do that? \n" ); document.write( "Do you know the \"compound interest formula?\" \n" ); document.write( "============= \n" ); document.write( "Here's a hint: \n" ); document.write( "After the 1st year, it's $5000*(1.09)\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |