Mathematics

Guest

31 July, 03:26

Some investments in the stock market have earned 10% annually. At this rate earnings can be found using the formula A=P (1.10) ^n, where A is the total value of the investment, P is the initial value of the investment and n is the number of years the money is invested. If 2,500 is invested in the stock market at this annual rate of return what is the expected total value after 18 years

-49,500 - 46,750 - 13,899.79 - 12,636.18