SOLUTION: Angela found out that her grandmothers antique watch is worth five hundred dollara and increasing in value by five percent every year. What will the value of the watch be in twenty

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Question 1005820: Angela found out that her grandmothers antique watch is worth five hundred dollara and increasing in value by five percent every year. What will the value of the watch be in twenty years?
Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
FV=500(1.05)^20
FV=500*2.6533
FV=1326.65