SOLUTION: If $1,000 is invested now, $1,500 two years from now, and $2,000 four years from not at an interest rate 6% compounded annually, what will be the total amount in 10 years?
Answer:
Algebra ->
Finance
-> SOLUTION: If $1,000 is invested now, $1,500 two years from now, and $2,000 four years from not at an interest rate 6% compounded annually, what will be the total amount in 10 years?
Answer:
Log On
Question 1090071: If $1,000 is invested now, $1,500 two years from now, and $2,000 four years from not at an interest rate 6% compounded annually, what will be the total amount in 10 years?
Answer: Answer by Fombitz(32388) (Show Source):
You can put this solution on YOUR website! So then the $1000 is invested for 10 years, $1500 for 8 years, and $2000 for 6 years.
Work that out for your answer.
