SOLUTION: Luke invests $4000 in a mutual fund which yields 5% annually. How much will Luke have in 10 years? (ROUND TO THE NEAREST HUNDREDTH OR CENT) A = __________

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Question 1101084: Luke invests $4000 in a mutual fund which yields 5% annually. How much will Luke have in 10 years? (ROUND TO THE NEAREST HUNDREDTH OR CENT)
A = __________

Answer by addingup(3677) About Me  (Show Source):
You can put this solution on YOUR website!
4000(1+0.05)^10 = 6515.58