SOLUTION: If an investment of $25,000 earns 9% annual interest, approximate the value of the investment after 24 years

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Question 418670: If an investment of $25,000 earns 9% annual interest, approximate the value of the investment after 24 years

Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
A=25000(1.09)^24
A=25000*7.911
A=197,777.00