Question

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

Answer 1

plug in 18 where n is

Answer 2

and 2500 where p is
and solve

Answer 3

A?