Question

$2000 is invested at 10% interest compounded annually. How much will the investment be worth in 15 years?

Answer 1

$2000 - 10% = $200
so in 15 years he will invest- 200/15 = $13.33
I think!. but i just gave my answer hope someone else answers soon and explain and see if am correct or not. Good Luck!. {^_^}