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22 March, 13:14

The expression 2000 (1.1) t represents the value of a 2000 investment that earns 10% interest per year, compounded annually for t years. What is the value of a $2000 investment at the end of 3 years?

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  1. 22 March, 14:48
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    A=1000 (1.1) ^2

    A=$1210
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