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15 November, 16:54

How much money will you have if you started with $45 and put it in an account that earned 10% every year for 20 years

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  1. 15 November, 18:24
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    Probably it's all wrong

    4.5 = 10 %If is the same then 4.5*20+45=135

    If not then

    FV=P (1+r) n45 * (1+0.1) 20 = 45*6.727=302.737
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