SOLUTION: Suppose you deposit $1,000 now and then $2,000 a year from now. How much will you have two years from now, if the interest rate is 10% per year?

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Question 791526: Suppose you deposit $1,000 now and then $2,000 a year from now. How much will you have two years from now, if the interest rate is 10% per year?

Answer by rfer(16322) About Me  (Show Source):
You can put this solution on YOUR website!
A=1000(1+0.1)
A=1100
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A=2100(1.1)
A=$2310