Some investments in the stock market have earned 10% annually. The total value of the investment, A, at this rate can be found using A=P(1.10)^n, where P is the initial value of the investment, and n is the number of years the money is invested. If $1,000 is invested in the stock market at this annual rate of return, what is the expected total value after 18 years?

Question

anonymous · Answer

A. $4,054.47
B.  $5,559.92
C. $18,700.00
D. $19,800.00

anonymous · Answer

Its B