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OpenStudy (anonymous):
Please help :) 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 in 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? A. $49,500.00 B. $46,750.00 C. $13,899.79 D. $12,636.18
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OpenStudy (anonymous):
plug in 18 where n is
OpenStudy (anonymous):
and 2500 where p is and solve
OpenStudy (anonymous):
A?
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